NOVEMBER 2023CONSTRUCTIONTECHREVIEW.COM6Canada has a rich construction and infrastructure history. From the iconic CN Tower in Toronto to the breathtaking Vancouver SkyTrain, Canadian construction has left an indelible mark on the nation's landscape.Statistics reveal that construction employs over 1.6 million people in Canada and generates about $151 billion for the economy annually, accounting for 7.4 percent of Canada's gross domestic product (GDP). According to GlobalData, the Canadian construction market size was $349.1 billion in 2022 and is projected to achieve an AAGR of more than 1 percent during the forecast period.One of the key trends in Canadian construction is significant infrastructure investment. Across the country, governments are allocating substantial budgets to upgrade and expand essential infrastructure, including roads, bridges, public transit, and airports. This improves Canadians' quality of life and stimulates economic growth.Canada embraces innovative construction technologies. From Building Information Modeling (BIM) to drones for site surveys, these tools enhance project efficiency and accuracy. In addition, prefabrication and modular construction methods are gaining traction, reducing construction timelines and costs.Sustainability is at the forefront of the Canadian construction industry. With a focus on reducing carbon emissions and minimizing environmental impact, builders are adopting green construction practices. LEED-certified buildings, energy-efficient designs, and renewable materials are becoming standard practices.This edition of Construction Tech Review Canada delivers a bird's-eye view of the recent developments in the construction solutions and services arena and insights into how organizations can align with these trends and adopt new ways to shape the future of the construction industry.We have curated thought leadership articles from industry experts, including JJ Tang, Vice President and Director of Federal Facilities at HDR and Sarah Johnson, Senior Field Engineer at McCarthy Building Companies.We also took a deep dive into market trends to narrow down the list of companies delivering innovative construction solutions and services. Equipped with innovative technological capabilities, companies like Vizzn help transform businesses at the cloverleaf of various disruptive technologies.We hope this edition of Construction Tech Review Canada helps you build the partnership you and your organization need to foster an environment driven by efficient technology.Let us know your thoughts!Michael Rosario Managing Editoreditor@constructiontechreview.comCEMENTING THE FUTURE OF CONSTRUCTION Copyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorMichael Rosario*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffVisualizersMichael WayneNovember - 01 - 2023, Vol 06 Issue 10 (ISSN 2832-4064) Published by ValleyMedia, Inc.To subscribe to Construction Tech ReviewVisit www.constructiontechreview.com Email:sales@constructiontechreview.comeditor@constructiontechreview.commarketing@constructiontechreview.com Ronald Donovan
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