Industry Analysis & Industry Trends
Operators in the Commercial Building Construction industry in Canada have experienced strong growth over the past five years. Declining vacancy rates for retail and office building space between 2010 and 2011, allowed the industry to pick up strongly. In the coming years, the industry is expected to continue benefiting from increasing consumer spending and a rebound in corporate profitability. Growing demand for green building projects is anticipated to further increase the demand for building starts and renovation of office buildings, retail stores, hotels and entertainment buildings... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Commercial Building Construction industry is in the mature phase of its life cycle. The industry has been growing strongly since 2010, driven by an overall increase in corporate profit and consumer spending. Industry value added (IVA), which measures the industry's contribution to the economy, is expected to increase at an average annual rate of 3.6% over the 10 years to 2020. This increase is slightly higher than the GDP growth rate of 2.2% over the same period.
While the industry's markets fluctuate based on changes in the Canadian economy as a whole, including per capita disposable income, unemployment, corporate profit and interest rates, industry services are an essential part of the Canadian economy and enjoy complete market acceptance... purchase to read more