{"id":15807,"date":"2023-04-25T09:59:44","date_gmt":"2023-04-25T16:59:44","guid":{"rendered":"https:\/\/essential.construction\/news\/ici-spending-to-peak-in-quebec-in-2023\/"},"modified":"2023-04-25T09:59:44","modified_gmt":"2023-04-25T16:59:44","slug":"ici-spending-to-peak-in-quebec-in-2023","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/ici-spending-to-peak-in-quebec-in-2023\/","title":{"rendered":"ICI spending to peak in Quebec in 2023"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div>\n<p>MONTREAL \u2014 BuildForce\u2019s 2023-2032 Construction and Maintenance Looking Forward report for Quebec finds the non-residential construction sector in the province continues to experience growth, driven by a post-COVID private-sector recovery, and by higher levels of public-sector investment in the health care, education, public-transit and engineering-construction sectors.<\/p>\n<p>The report was released April 25.<\/p>\n<p>Highlights include:<\/p>\n<ul>\n<li>Non-residential construction will rise to a near-term investment peak in 2023 with the overlap of major public-transportation infrastructure projects in Montreal and Quebec City, increased investment in highway and bridge infrastructure, the start of several health- and education-sector projects, and a general recovery in consumer and business confidence. But investment will moderate with the completion of these projects.<\/li>\n<li>Employment demands are expected to peak in 2023 and be sustained into 2024, before receding in line with the timing of major projects and then growing again after 2028.<\/li>\n<li>Non-residential employment is mostly unchanged by the end of the forecast period.\u00a0<\/li>\n<li>Overall, construction employment steps down from a 2022 peak of more than 215,000 workers, declining through to 2028 before sustaining itself at those levels in the later years of the forecast period.<\/li>\n<\/ul><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/canada.constructconnect.com\/dcn\/news\/economic\/2023\/04\/ici-spending-to-peak-in-quebec-in-2023\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MONTREAL \u2014 BuildForce\u2019s 2023-2032 Construction and Maintenance Looking Forward report for Quebec finds the non-residential construction sector in the province &#8230; <a title=\"ICI spending to peak in Quebec in 2023\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/ici-spending-to-peak-in-quebec-in-2023\/\" aria-label=\"Read more about ICI spending to peak in Quebec in 2023\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1037],"tags":[357,295],"class_list":["post-15807","post","type-post","status-publish","format-standard","hentry","category-daily-commercial-news","tag-blog","tag-technology","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/15807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=15807"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/15807\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=15807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=15807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=15807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}