Canadian construction –
Indicators of growth, composition, and changes* *Based on available data from Statistics Canada on November 15, 2021, as follows: 1. Growth in Construction Industry Gross Domestic Product (GDP), as at August 2021: Statistics Canada. Table 36-10-0434-01 Gross domestic product (GDP) at basic prices, by industry, monthly (x 1,000,000) 2. Composition & Changes in Investment in Building Construction, as at September 2021:Statistics Canada. Table 34-10-0175-01 Investment in Building Construction 3. Building Construction Price Indexes Across Metropolises, as at Q3 2021: Statistics Canada. Table 18-10-013501 Building construction price indexes, by type of building 4. Composition of Starts in Housing (Residential Sector), as at Q3 2021: Statistics Canada. Table 34-10-013501 Canada Mortgage and Housing Corporation, housing starts, under construction and completions, all areas, quarterly 5. Composition of Employment (All Industries vs. Construction), as at October 2021: Statistics Canada. Table 14-10-0022-01 Labour force characteristics by industry, monthly, unadjusted for seasonality (x 1,000) 6. Changes in Construction Unemployment Rate, as at October 2021: Statistics Canada. Table 14-10-0022-01 Labour force characteristics by industry, monthly, unadjusted for seasonality (x 1,000) CLICK HERE to return to Table of Contents
1. Growth in Construction Industry Gross Domestic Product (GDP)
2. Composition & Changes in Investment in Building Construction
3. Building Construction Price Indexes Across Metropolises
4. Composition of Starts in Housing (Residential Sector)
5. Composition of Employment (All Industries vs. Construction)
6. Changes in Construction Unemployment Rate
Compiled by: Ajibola Soboyejo, MSc, MRICS, PQS is a professional quantity surveyor specializing in BIM estimating, cost planning, and project cost management. Ajibola possesses both Master’s and Bachelor’s degrees in Quantity Surveying and has worked on many projects in Nigeria and since arriving in Canada in 2019. Currently, she works as a Consultant at Altus Group. Udayan Chatterjee, B.Tech, PMP, is a commercial and project management professional with expertise in cost estimation and management, schedule forensics, claims management and contract administration. He holds a Bachelor’s degree in Electrical Engineering and has worked on various complex engineering/ construction projects across Canada and India. Currently, he is employed as a Senior Contracts & Commercial Specialist at Lakeland Consulting Inc.
Winter 2021 | www.ciqs.org | CONSTRUCTION ECONOMIST | 29