Construction and real estate industry in Canada contracts by 6.4% during 2020 dragged down by COVID-19 lockdowns and economic downturn. Despite a dip in consumer and business confidence in first half of 2020, construction industry sees swift recovery towards the end of 2020, and is anticipated to reach output levels of 2019 by early 2022. Infrastructure spending to act as a major driver of Canadian construction sector’s recovery, supported by an uptick in residential construction in largest cities and rebounding commercial and industrial demand. The industry is projected to see 4.7% CAGR over 2020-2025, supported by recovering consumer and business confidence, supporting demand for housing and non-residential construction.
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This Euromonitor industrial report provides unique information on Construction and Real Estate in Canada. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Construction and Real Estate in Canada report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of construction and real estate activities.
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