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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 23332bCA | May 2013

Rebuilding: A balanced budget and economic recovery will help revenue grow stronger through 2018

The Municipal Building Construction market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 08-13
0.1%
Annual Growth 13-18
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Profit
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Employment
44,805
Businesses
3,255
Industry Analysis & Industry Trends

The Municipal Building Construction industry includes a wide range of noncommercial markets, including healthcare, education, religious buildings and government offices. Direct government funding accounts for almost all education and public building construction, while the private sector funds most healthcare construction. On the whole, though, the industry relies heavily on government investment for demand. As such, the industry's performance during the past five years has been tied to the stimulus plan passed in response to the recession in 2009 and, in turn, to the slowdown in public expenditure as the stimulus tapered off and as balancing the federal budget by 2015 became a priority. During the past five years, industry revenue is expected to increase at an annualized rate of 0.1%... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Municipal Building Construction industry is in the mature phase of its life cycle, characterized by slow growth or contraction, developed markets and low technology change. Industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to contract at an annualized rate of 0.1% during the 10 years to 2018, compared with Canadian annualized GDP growth of 2.4% during the same period. This steady position as a component of the larger economy is highly indicative of a mature industry.

Additionally, municipal construction benefits from stable markets. Education, healthcare and welfare spending are tied to government spending and population growth and are only moderately influenced by trends in private investment... 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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