Timetric’s Construction Intelligence Centre (CIC) forecasted the country’s construction to improve over the next five years, reaching $417 billion by 2020. In “Construction in Canada—Key Trends and Opportunities to 2020,” CIC states a drop in construction output value from $381 billion to $375 billion in 2015 was caused by fragile economic conditions, low commodity prices, poor fixed-capital investments, and a high unemployment rate.