Feb 26, 2018
Contractors' prices for new non-residential building construction rose 0.8% in the fourth quarter. Higher prices to build industrial (+0.9%), commercial (+0.7%) and institutional (+0.9%) structures all contributed to the gain.
Prices for new non-residential building construction were up in all seven census metropolitan areas surveyed, led by Vancouver (+1.6%) and Montréal (+1.2%). Contractors reported rising costs for lumber, concrete formwork, plastic, copper and fuel-related inputs. Rebuilding activities in the United States after an active 2017 hurricane season contributed to higher prices for these materials. From August to October, four hurricanes made landfall in the United States causing widespread damage.
Non-residential Building Construction Price Index, year-over-year change
Over the four quarters ending in December, contractors' prices for new non-residential building construction rose 3.1%. Higher prices in Vancouver (+5.9%) and Montréal (+4.4%) led the increase.
Source: Statistics Canada, http://www.statcan.gc.ca/daily-quotidien/180213/dq180213d-eng.htm
Photo source: Pexels
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Therefore, we want your insight on the biggest challenges or issues you face when installing loadcentres, breakers (CAFI, GFI's…) and other surge protection devices. We ask that you do not provide product specific details but rather your general issues and concerns or any questions that have come to mind while working with these product types. Provide us with your valued expert insight into the issues you have faced so manufacturers can better inform you about the installation and use of these products. Lets generate some discussion that will help guide the Industry.
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