Strong growth for Canada

摘要

Canada's construction industry output value has been predicted to increase from 2018's US$291 billion to US$304 billion in 2023, according to a report by GlobalData. The report revealed that Canada's construction industry growth decelerated to 0.6% in 2018, after growing at a compound annual growth rate (CAGR) of 4.3% in 2017. The sharp deceleration in activity was mainly driven by significant declines in residential construction, as well as repair, engineering and other construction activities.