Forecast: Non-Residential Construction Productivity Percentage Point Contribution to Capital Growth in Canada

The productivity percentage point contribution to capital growth for non-residential construction in Canada remains static at 1.21 from 2024 through 2028. In 2023, this metric stood at a similar level, indicating no year-on-year change from 2023 to 2024. The absence of variation over these years even with a longer-term examination might imply a stable or stagnant development in non-residential construction productivity with a CAGR of 0%.

Future trends to watch include potential technological advancements or policy changes that could significantly enhance productivity in this sector, or shifts in economic conditions that may drive or hinder capital growth.

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