Top 10 Construction Trends - https://www.on-sitemag.com/features/top-10-canadian-construction-trends-to-watch-in-2021/ USA construction - https://canada.constructconnect.com/dcn/news/usa/2021/01/u-s-contractors-pessimistic-about-most-construction-sectors-for-2021 Housing outlook - https://blog.remax.ca/canadian-housing-market-outlook/ From lock down to recovery - http://plumbingandhvac.ca/from-lockdowns-to-locking-in-for-recovery/

1. CONSTRUCTION SECTOR
Paul Young CPA CGA
January 12, 2021

2. PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Business Process Changes
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• Academia – Advance Accounting, Public
Finance and Advanced Management
Systems
Contact information:
Paul_Young_CGA@Hotmail.com

3. AGENDA
• Key Metrics
• Housing Market
• Building Permits
• Investment in new building
• Innovation
• Infrastructure
• Affordable housing
• What’s next

4. KEY METRICS FOR CONSTRUCTION
Sources – BMO, Canada Real Estate Board, and Stats Canada

5. HOUSING

6. NEW BUILDING INVESTMENT
• COVID19 and the construction sector -
https://canada.constructconnect.com/dcn/news/economic/2020/11/canadas-construction-sector-took-a-covid-
19-hit-then-rebounded-survey
• 40under40 - https://www.on-sitemag.com/features/40-under-40-in-canadian-construction/
• Construction continues to rebound - https://www.newswire.ca/news-releases/canadian-construction-continues-
to-rebound-in-quebec-british-columbia-and-ontario-while-alberta-continues-to-slow-procore-construction-
activity-index-845879586.html. There are still issues with affordability, especially housing -
https://www2.slideshare.net/paulyoungcga/housing-market-canada-and-usa-october-2020

7. NEW PERMITS – CANADA

8. GLOBAL
OUTLOOK
Source -
https://www.oemoffhighway.co
m/market-analysis/industry-
news/construction/news/21135
342/global-construction-
markets-slowing-due-to-
impacts-of-covid

9. AFFORDABLE HOUSING
• Housing prices continue to grow faster than wage and the CPI index -
https://www.slideshare.net/paulyoungcga/affordability-have-the-liberals-improve-the-lives-of-
canadians
• Affordable housing is a big issue for many municipalities as they lack the funds to build new units -
https://www.municipalworld.com/press-releases/new-fcm-initiative-to-support-local-affordable-
housing-providers/
• There are many issues housing, like available land or cost of housing (raw materials, labor, permits, property taxes,
etc)
• There is talk about converting vacant commercial building space into affordable housing -
https://www.phillyvoice.com/greg-englesbe-real-estate-strategic-conversion-vacant-commercial-space-
affordable-housing-0599945/
• There needs to be an urban vs rural strategy as part of support affordable housing options -
https://www.slideshare.net/paulyoungcga/urban-and-rural-planning-whats-next-236315321

10. SMALL TO MEDIUM-SIZE
MANUFACTURING
Blog – Steps to Futureproofing and Risk-Proofing Your Manufacturing Business - 60 percent of manufacturers and distributors were
impacted by supply chain disruptions during the pandemic.
A global survey conducted by SYSPRO to better understand how manufacturers and distributors handled the operational shifts brought
on by COVID-19 revealed that 60% of manufacturers and distributors were impacted by supply chain disruptions. 47% of businesses
were unable to function due to operational staff reliance on-premises; while 29% of businesses felt that their business systems did not
provide them with the availability and accessibility to manage the changes that the pandemic introduced.
Key areas of focus
1. Automated warehouse
2. Contactless payments and blockchain
3. eCommerce
4. Additive Manufacturing / #3D Printing
•
Source - https://www.canadianmanufacturing.com/features/steps-to-future-proofing-and-risk-proofing-your-manufacturing-business/
My blog - https://www.linkedin.com/pulse/steps-futureproofing-risk-proofing-your-manufacturing-paul-young

11. MUNICIPALITIES
https://fcm.ca/en/resources/mamp/infraguide-national-guide-sustainable-municipal-infrastructure
I have done a lot of work on asset management including different tools. I believe municipalities and cities need to
embrace AI, RPA, and other tools as part of maximizing the usage of their assets.
• https://www.slideshare.net/paulyoungcga/how-to-reform-local-and-municipal-government-237070928
There many things need to be dealt with in terms of better leverage funding. The infrastructure bank is not the solution -
https://www.slideshare.net/paulyoungcga/canada-infrastructure-analysis-of-policy-238326543

12. INNOVATION
• 3D Housing – https://www.forbes.com/sites/pikeresearch/2019/11/20/3d-
printed-homes-quietly-gain-traction/#28825e0663bd
• 3D materials market - https://www.globenewswire.com/news-
release/2020/05/29/2040932/0/en/3D-Printing-Materials-Market-Size-
Worth-USD-3-78-Billion-by-2026-Advancements-in-Additive-
Manufacturing-Technologies-to-Benefit-the-Market-Says-Fortune-
Business-Insights.html
• 3D Printing -
https://kootenaybiz.com/technology/article/this_west_kootenay_business_
doesnt_build_homesthey_print_them
• Demolition / Automation https://www.prnewswire.com/news-
releases/global-construction-robot-market-2019-2025-market-is-
expected-to-witness-a-cagr-of-over-20-to-reach--190-million-
300895006.html
• Engineering and Construction Automation -
https://constructible.trimble.com/construction-industry/the-benefits-of-ai-
in-construction
• Cost Management and RPA - https://rsmus.com/what-we-
do/industries/real-estate/construction/transform-your-construction-
operations-through-rpa.html
• RPA / Financial Reporting - https://research.aimultiple.com/robotic-
process-automation-use-cases/
• AI-infused reporting - https://www.ibm.com/analytics/financial-planning-
analysis?p1=Search&p4=p50329262873&p5=b&cm_mmc=Search_Google
-_-1S_1S-_-WW_NA-_-
%2Bfinancial%20%2Banalytics_b&cm_mmca7=71700000060952231&cm_m
mca8=aud-452479374147:kwd-
297740779593&cm_mmca9=Cj0KCQjwpZT5BRCdARIsAGEX0zm9GEtE3SHD
pNGcX34HAw4ut3XhXZxJ64p7SAYAq8msmhG0qQmEjLIaAkyGEALw_wcB&
cm_mmca10=406181219663&cm_mmca11=b&gclid=Cj0KCQjwpZT5BRCd
ARIsAGEX0zm9GEtE3SHDpNGcX34HAw4ut3XhXZxJ64p7SAYAq8msmhG0q

13. INFRASTRUCTURE
SPENDING
• Global Infrastructure -
https://www.pwc.com/gx/en/industries/capital-projects-
infrastructure/publications/infrastructure-trends.html
• China continues to fund many large projects around the world -
https://theconversation.com/chinas-worldwide-investment-
project-is-a-push-for-more-economic-and-political-power-
125190
• Belt Road Initiative -
https://policyoptions.irpp.org/magazines/january-2020/canada-
is-missing-the-boat-on-chinas-belt-and-road-initiative/
• Canada and failures of the infrastructure bank -
https://business.financialpost.com/opinion/jack-m-mintz-
beware-a-new-infrastructure-bank-canadas-had-enough-of-
these-failures-already or
https://torontosun.com/news/national/canada-infrastructure-
bank-approved-bonuses-to-ceo-who-resigned or
https://www.slideshare.net/paulyoungcga/canada-infrastructure-
investment-getting-goods-to-market
• More global infrastructure spending is required –
https://www.etftrends.com/alternatives-channel/data-confirm-
infrastructure-spending-needs-to-increase-asap/
• North American construction to fall by 6.5% for 2020 -
https://www.contractormag.com/construction-
data/article/21135728/north-americas-construction-output-to-
fall-by-65-in-2020

14. WHAT’S NEXT
• All countries will need to re-look at their urban vs
rural policies -
https://www.slideshare.net/paulyoungcga/urban-
and-rural-planning-whats-next
• 3D printing of housing needs to be part of urban
planning as way to reduce the cost of housing as
well a make housing more affordable -
https://thespaces.com/is-3d-printing-the-future-
of-affordable-housing/
• China continues to make debt arrangements with
developing countries. More oversight into China’s
investments is required -
https://www.slideshare.net/paulyoungcga/china-
path-to-global-domination
• Reforming all levels of government as part of
managing key policies like infrastructure
investments -
https://www.slideshare.net/paulyoungcga/public-
sector-how-to-reform-all-levels-of-government