Over the five years to 2017, the Heavy Engineering Construction industry in Canada has benefited from the government's strong commitment to closing Canada's infrastructure gap. Together, various government-created stimulus packages are expected to drive industry revenue expansion over the five-year period. Over the five years to 2022, the industry will benefit from steady government support and a more attractive investment climate. Recent funding from fiscal stimulus packages is expected to support long-term growth for the industry. Over the five years to 2022, industry revenue is projected to increase at a slightly faster rate than during the previous five-year period.
This industry is engaged in heavy engineering construction projects, with the exception of highway, street and bridge construction. Work performed includes new construction, reconstruction, rehabilitation and repairs. The industry also includes specialty trade contractors if they primarily participate in activities related to engineering construction projects. Construction projects include water resources, development of marine facilities and open space improvement.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.