Despite trade spats with the US, there is optimism in Canada about the country’s prospects. Cannabis is expected to provide an economic boost, while construction is set to expand massively under a government initiative.
GDP in 2017 US$1.7trn
GDP growth in 2018 1.8%
Inflation in 2018 2.4%
With a huge government spending spree planned as part of the Investing in Canada Plan, heavy construction is at the beginning of a boom in Canada.
Transport infrastructure, clean energy programmes and housing projects are included in a vast scheme to make the country fit for the future.
Worth around $37bn in revenues, 2016’s Investing in Canada Plan pledged $180bn to construction projects across the country over 12 years.
Though heavily dependent on government spending, heavy construction plans are set to see a 7.
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