Canada Infrastructure Report Q2 2014 - New Market Study Published
We have marginally downgraded our forecast for 2014 construction industry growth to 2.0%, based on continued weakness expected in residential and non-residential building, as well as the potential for a relative slowdown in infrastructure activity as projects progress through the construction phase. Over the medium term however, we see considerable upside to our construction forecast based on the CAD53bn New Building Canada Plan.
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