Wednesday, 3 April 2013

Canada Infrastructure Report Q2 2013

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Canada Infrastructure Report Q2 2013
Apr 3rd 2013, 00:00

BMI View: Canada''s construction sector will continue to post strong growth, with 4.1% year-on-year realgrowth in construction industry value anticipated in 2013. The housing market is anticipated to experiencea slowdown; however, we see infrastructure and non-residential building picking up the slack. Industrialprojects in the mining and hydrocarbons sectors, combined with those in social infrastructure, will supportnon-residential building, whilst new projects to support resource extraction and transportation will buoyinfrastructure.As anticipated, growth in 2012 came in slower than the previous year, at an estimated 3.9%, versus the4.1% seen in 2011. However, ...

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