Canada Infrastructure Report Q1 2014 - New Market Report
We have further downgraded our immediate growth outlook for Canada's construction industry value, with 1.6% and 2.2% expected in 2013 and 2014 respectively. While infrastructure continues to post strong and stable growth in line with our expectations, a surge in non-residential permits has failed to translate into activity on the ground, and despite a rebound in the housing market, this has not translated into the new build market to the extent anticipated. Over the medium term we expect infrastructure to...
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