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TRENDS AND TIDBITS continued from page 21
e accompanying table records the 10 largest construction
project starts in Canada in October 2021. Also included
is the latest trend graph on starts. is looks at 12-month
moving totals of the civil and nonresidential building categories
in Canada.
ere are several reasons for highlighting upcoming large
projects. Such jobs have o en received a fair amount of media
coverage. erefore, people in the industry are on the lookout
for when jobsite work gets underway. And, as showcase projects,
Top 10 Largest Construction Project Starts in Canada,
Trend Graph – October 2021
they highlight geographically where major construction projects
are proceeding.
Also, total construction activity is comprised of many
small and medium-sized projects and a limited number of large
developments. But the largest projects, simply by their nature,
can dramatically aff ect total dollar and square footage volumes.
In other words, the timing and size of these projects have an
exaggerated infl uence on market forecasts. ●
www.constructconnect.com 11/21
*For example, the October 2021 fi gure is the sum of the monthly numbers for November 2020 through October 2021.
Trend lines of construction starts in Canada – October 2021
Moving totals of the latest 12 months*
(ConstructConnect Insight Forecast Figures)
