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Construction Market – Canada – January 11, 2017BY: PAUL YOUNG, CPA, CGA
Overview
This presentation will look at both residential and non-residential construction in Canada
Agenda
Housing Starts Building Permits
Housing Starts
Source – BMO and Scotiabank
Building Permits
Source - BNN
Residential and non-residential permits
Source – Stats Canada
Permits / Provinces
Source – Stats Canada
Permits / Provinces
Source – Stats Canada
Key comments
“National non-residential building permits rose 3.0 percent on increased construction plans for institutional buildings, including educational facilities and nursing homes. Industrial permits rose for the second month in a row on increased plans to build primary industry buildings and manufacturing plants, but permits for commercial buildings dropped with fewer plans to build hotels and office buildings. ”Source - http://ca.reuters.com/article/idCAKBN14U1LD