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ICIC Report - CCA - First Quarter 2023
May 31, 2023

Construction activity remains strong despite challenges faced by the industry

While inflation and workforce shortages remain headlining issues across all sectors, the industrial, commercial, institutional, and civil (ICIC) construction industry was a positive force for Canada’s economy in 2022, and is showing signs this trend will continue in 2023.

CCA’s most recent edition of ICIC Construction Quarterly Insights, Q1 2023 reports that Canada’s GDP rose by 3.6 per cent in 2022, with the construction sector following suit by increasing 1.2 per cent during the same period. Though most of this growth was hampered by a sizeable decline experienced by the residential sector, the ICIC industry was able to more than offset this decrease through a 10 per cent rise in engineering and heavy construction activity.

Learn more and download the report


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