This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updatedprivacy and cookie policy to learn more.
本网站使用cookie 通过关闭此消息或继续使用我们的网站,您同意我们的Cookie政策。Learn MoreThis website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updatedprivacy and cookie policy to learn more.
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 Analytic'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.Permits for residential and non-residential construction, which
In light of Canada’s cooling construction market, materials costs have stabilized after years of price spikes, but they are stabilizing at high levels. Source: Statistic Canada. 2002=100 Material Cost Indices - Canada Related Links: Forecast: Inflation Stalls As Recession Undercuts Nonresidential Building Markets Markets: Major Firms Are Pessimistic About A Fast Industry Recovery International: Global Recession Pushes Down Inflation China: The New Driver Of International Costs Has Troubles Of Its Own Thailand: Construction Costs Bounce Up As The Recession Bottoms Out Complete 4th Quarterly Cost Report with Data and Analysis Costs generally are remaining at historically high levels, says Scott
In its newest report, Transportation Infrastructure: Gearing Up for Change, McGraw-Hill Construction’s Research and Analytics takes a look at the current state of the nation’s transportation infrastructure and its prospects for the future—particularly given the recent investment made with the 2009 American Recovery and Reinvestment Act. Unfortunately, much more needs to be done to build and maintain the transportation infrastructure that is so critical to national competitiveness and American way of life, the report states. However, the substantial allocation for transportation in the ARRA, combined with the rapid obligation of ARRA transportation funding, will yield a strong market in the