Industry Sector

Construction in Canada plays the most vital role in Canadian industry. As we all know, Canada is named one of the best places to live, work, and raise a family. Our homes, offices, workplaces, and schools, buildings, bridges, and factories all are built and put in place by constructors who work in the construction industry. As a matter of fact, the construction industry represents 12% of Gross Domestic Product when considering its impacts on all sectors of the economy.

VIP Investment International commits to providing the latest economic data and construction-related policies for our investors in four major construction categories, new home building and renovation, heavy industrial, institutional and commercial, and civil engineering. In the industry, we highlight statistics data for reference:

  • In 2005, most construction workers locates in Ontario, followed by Quebec and British Columbia and Alberta,
  • There are over 260,000 firms in the construction industry: over 65,000 in residential construction and 150,000 in trade contracting industry,
  • Construction lead the industrial employment growth in Canadian economy by increasing 7.1% between 2004 and 2005,
  • Construction workers are involved in the installation, repair or renovation of more than $150 billion of work every year,
  • More than one million Canadian men and women are employed in many diverse construction trades and professions.