Canada’s non-residential construction industry is expecting a modest turnaround this year while the residential sector is forecast to see a small contraction, according to The Conference Board of Canada’s latest outlook.
According to predictions from the Conference Board of Canada, the nonresidential construction industry will make up for a general decline in the residential sector with a growth spurt of 3.7 per cent this year.
The Conference Board of Canada published updated reports for the national residential and non-residential construction industries. The “Canada’s Residential Construction Industry” report states the Canadian housing market continued to grow moderately in the first...
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