Industry Analysis & Industry Trends
The recession decimated demand for industry services, as vacancy rates for retail space escalated. In response, the federal government implemented numerous initiatives in 2010 to assist the industry in a rapid turnaround. As a result, building starts have picked up due to falling vacancy rates and rising consumer spending over the past five years. Revenue is anticipated to continue its upward trend over the next five years. The industry is set to benefit from the increased migration of the population toward metropolitan areas; additionally, stronger sentiment toward green and sustainable construction will further push up demand... purchase to read more
Industry Report - Industry Locations Chapter
The Commercial Building Construction industry's establishments are distributed across Canada largely in line with the regions' population and economic activity. Population growth typically influences growth or decline in commercial building activity, but unexpected events, such as natural disasters, can create commercial construction booms in specific areas.
The Ontario region, which accounts for the largest share of the Canadian population, holds the largest concentration of industry establishments at 36.6% of the total. The region includes several large metropolitan areas, such as Toronto, which alone accounts a sizeable portion of all establishments... purchase to read more