The construction sector in Canada, which is currently employing 1.6 million people, will contribute $151 billion to the economy this year, accounting for 7.4 per cent of the country’s gross domestic product (GDP).
|
In 2023, Canada’s economic growth posed challenges for the construction industry, ranking Toronto, Vancouver, Calgary, and Montreal among the top 50 most expensive places for construction globally.
|
Workforce numbers in the construction sector have improved over the past five years according to BC Construction Association’s (BCCA) Construction Industry Stat Pack and BCCA’s annual BC Construction Industry Survey Report.
|
Procore Technologies, Inc., a global construction management software company, has released a construction industry benchmark report, How We Build Now: Technology and industry trends shaping Canadian construction in 2023, examining the general sentiment of the industry, the digital maturity and adoption of construction technologies, as well as challenges and opportunities for businesses.
|
|
|
