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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 | Feb 2015

Rebuild it: Uninterrupted growth in health expenditure will bolster the industry's largest market

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 10-15
-1.4%
Annual Growth 15-20
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Profit
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Employment
84,973
Businesses
3,880
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 Locations Chapter

Because construction firms typically operate across a variety of markets, the distribution of the Municipal Building Construction industry mirrors that of the Commercial Building Construction industry (IBISWorld report 23622aCA). On the whole, construction establishments follow population density and economic activity, with Canada's most populated areas holding much higher proportions of general contractor locations.

Ontario holds 38.8% of the national population and 35.4% of municipal construction establishments. The province also recorded the highest value of institutional and government building permits in January 2013, according to Statistics Canada, with 28.3% of the total dollar value of new permits... 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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