Stone Mining in Canada
The Stone Mining industry in Canada supplies a wide variety of stone products to downstream construction markets. The industry was stable over the five years to 2017, with growing demand from most major markets and government infrastructure investments. The most successful industry operators compete based on location and stone quality, as transportation costs for the industry are generally high. Going forward, industry growth will trend in line with nonresidential and residential construction. Additional government investment in infrastructure development and improving construction markets are anticipated to bolster demand for stone products, which will likely support industry performance.
This industry comprises companies that develop mine sites; mine and quarry dimension stone (i.e. rough blocks or slabs of stone); mine and quarry crushed and broken stone, such as granite and limestone; or beneficiate stone by crushing, grinding, washing, screening, pulverizing and sizing.
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.
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