Paul Young is a CPA and expert in several areas related to the construction sector. The document discusses trends in the global and Canadian construction industry, including the housing market, new building construction, innovation, infrastructure spending, and affordable housing. Housing prices continue to outpace incomes. Affordable housing is a challenge without more funding. Innovation includes 3D printing and automation. Infrastructure investment needs to increase globally and in Canada. The future may include more urban planning, 3D printed housing, oversight of foreign investments, and government reforms.

1. CONSTRUCTION SECTOR
Paul Young CPA CGA
September 21, 2020

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
• Housing Market
• Investment in new building
• Innovation
• Infrastructure
• Affordable housing
• What’s next

4. HOUSING

5. NEW BUILDING CONSTRUCTION

6. 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

7. 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

8. 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

9. 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

10. 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