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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 | Nov 2015

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

IBISWorld’s Municipal Building Construction market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 10-15
-1.6%
Annual Growth 15-20
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Profit
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Employment
100,698
Businesses
3,731
Industry Analysis & Industry Trends

The Municipal Building Construction industry's fate will stay tied to government expenditure during the next five years, with the health of federal, provincial and local budgets determining demand for new institutional and government buildings, as well as the repair and renovation of existing ones. The federal government has made balancing the budget by 2015 a priority, and though the stimulus program was over by 2011, carefully reducing government spending has been made more difficult due to slowing economic growth. This trend will also affect provincial budgets, which have a more direct influence on demand for new educational construction. However, uninterrupted growth in health expenditure will bolster the industry's largest market... 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 build-out... 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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