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Construction Market – Canada – January 11, 2017 BY: PAUL YOUNG, CPA, CGA

Construction Market – Canada – January 11, 2017,

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Page 1: Construction Market – Canada – January 11, 2017,

Construction Market – Canada – January 11, 2017BY: PAUL YOUNG, CPA, CGA

Page 2: Construction Market – Canada – January 11, 2017,

Overview

This presentation will look at both residential and non-residential construction in Canada

Page 3: Construction Market – Canada – January 11, 2017,

Agenda

Housing Starts Building Permits

Page 4: Construction Market – Canada – January 11, 2017,

Housing Starts

Source – BMO and Scotiabank

Page 5: Construction Market – Canada – January 11, 2017,

Building Permits

Source - BNN

Page 6: Construction Market – Canada – January 11, 2017,

Residential and non-residential permits

Source – Stats Canada

Page 7: Construction Market – Canada – January 11, 2017,

Permits / Provinces

Source – Stats Canada

Page 8: Construction Market – Canada – January 11, 2017,

Permits / Provinces

Source – Stats Canada

Page 9: Construction Market – Canada – January 11, 2017,

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