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. Commercial construction typically lags behind the overall economy by up to two years, due in part to the length of construction contracts and the pipeline of projects that general contractors keep on the books. Over the five years to 2021, this pipeline of projects and new contracts is anticipated to allow revenue to rebound and expand. The industry is also set to benefit from the increased migration of the population toward metropolitan areas... purchase to read more
Industry Report - Industry Locations Chapter
Establishments operating in Canada’s Commercial Building Construction industry are distributed largely in line with the country’s population and economic activity. Population growth typically influences commercial building activity, but unexpected events, such as natural disasters, can create commercial construction booms in specific areas.
Ontario is home to 36.5% of total commercial construction establishments. It is also home to Toronto, the country’s most populous city, whose high population density encourages the need for commercial building construction and retail centres... purchase to read more