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FMI’s Canada Engineering and Construction Outlook:
First Quarter 2020 Report

 

It is important to note that the Q1 2020 Outlook represents a best-case scenario that considers several, but not all, of the ongoing market dynamics. Based on the speed and breadth of current socioeconomic disruptions, FMI is anticipating, at minimum, a recession spanning the second and third quarters of 2020. Depth and reach of these disruptions will remain under watch through the coming months, and FMI’s economists will be providing more frequent updates on their industry forecasts in the coming weeks.

FMI Managing Director Jay Bowman discusses COVID-19 industry implications and outlook

Total Construction Put in Place
Estimated for Canada

Source: Statistics Canada and FMI Forecast

 

Total Construction Put in Place
Estimated for Canada

Source: Statistics Canada and FMI Forecast


 

past outlooks
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