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Municipal Building Construction in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Municipal Building Construction in Canada Market Research Report | NAICS 23622bCA | Jun 2016

No support: Declining oil prices will lead industry revenue to fall

IBISWorld’s Municipal Building Construction market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 11-16
-0.4%
Annual Growth 16-21
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Profit
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Employment
92,743
Businesses
3,697
Industry Analysis & Industry Trends

Since the industry heavily relies on government investment, it has struggled over the past five years as stimulus packages end and the federal government reels in expenditure to focus on reducing federal debt and the budget deficit. Industry revenue is expected to decline over the five years to 2016; however, industry profit margins have improved marginally as operators slowly begin to increase prices again. Over the next five years, the value of government expenditure and investment is expected to grow steadily, due in part to an anticipated recovery in oil prices.The industry's largest markets, the education and healthcare sectors, are also forecast to exhibit strong growth over the next five years. As a result, the industry is projected to grow over the next five years... purchase to read more

Industry Report - Industry Analysis Chapter

The Municipal Building Construction industry is a key sector in Canadian construction. As of January 2014, about one-fifth of the total value of nonresidential building permits comes from the institutional or governmental (i.e. municipal) markets (latest official data). The industry includes both major building projects, such as hospitals and universities, and small- and mid-size contracts, such as the renovation of a local government office. As in the Commercial Building Construction industry (IBISWorld report 23332aCA), operators are general contractors, sometimes referred to as project managers or prime contractors, that are hired by a property owner or developer to organize and manage every aspect of a project buildout... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Municipal Building Construction Industry?

This industry constructs municipal and institutional buildings in the private and public sectors, including government buildings, churches, prisons, schools and healthcare facilities. Operators are usually general contractors and perform new work, additions, alterations and repairs, though they may also serve as construction managers.

Industry Products
General contractingDesign-build contractingConstruction managementPublic-private partnership
 
Industry Activities
Hospital and clinic construction and repairPublic school construction and repairCollege and university construction and repairPrison construction and repairReligious building construction and repairLibrary construction and repairCourthouse and other governmental building construction and repair


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