Canada's Construction Outperforms Its U.S. Counterpart

摘要

The Canadian economy continues to outperform its U.S. counterpart. This year, Canada's real GDP is expected to increase 2.1%, compared to a 1.6% increase in the U.S. Next year, the Canadian economy is expected to grow 2.4% versus a 2.2% gain in the U.S., according to McGraw-Hill Construction Analyt-ic's 2012 outlook for the Canadian construction market. From a provincial standpoint, the provinces of Alberta, British Columbia and Saskatchewan will lead the country in growth, fueled by a booming resource sector. The larger provinces of Ontario and Quebec will be restrained by their weak housing markets.