1.2.1 The Construction Industry

Which type of companies provide bonds to contractors in the construction industry?

Sureties

What do manufacturers and suppliers provide to architects?

Technical assistance

What are some examples of skilled tradespeople in the construction industry?

Carpenters

What do architects and engineers in most jurisdictions need to carry?

Professional liability insurance Signup and view all the answers

What do architects typically include in their office library?

Product samples Signup and view all the answers

What do community colleges and vocational schools provide in terms of training?

Supplementary training Signup and view all the answers

What type of insurance do some associations establish for architects?

Professional liability insurance Signup and view all the answers

What are some examples of skilled workers who must be licensed?

Plumbers Signup and view all the answers

What do trade shows in the construction industry showcase?

New technologies Signup and view all the answers

What do bonding and insurance companies provide to contractors and owners?

Bonds and insurance Signup and view all the answers

Who are the major groups in the construction industry?

Owners, designers, constructors, others Signup and view all the answers

What are the two distinct groups of building owners?

Public sector and private sector Signup and view all the answers

Which group of professionals often acts as the prime consultant for building design work?

Architects Signup and view all the answers

What is the role of trade contractors in construction?

Perform specialized services Signup and view all the answers

How do construction firms finance their operations?

Use bank and supplier credit Signup and view all the answers

What drives the labor force and hiring practices in the construction industry?

Market fluctuations Signup and view all the answers

Who establishes the product standards used in the construction industry?

Various standards-writing bodies Signup and view all the answers

What are the major components of the construction industry?

Owners, designers, constructors, others Signup and view all the answers

What are the two ways in which governments contribute to the construction industry?

Enacting legislation regulating construction and procuring, owning, leasing, managing, and maintaining buildings Signup and view all the answers

What is the role of lending institutions in the construction industry?

Providing mortgage and finance services Signup and view all the answers

Which sector represents between 15% and 17% of Canada’s gross domestic product?

Non-residential sector Signup and view all the answers

How many major sub-sectors does the construction industry in Canada have?

Three Signup and view all the answers

Which sub-sector covers all dwellings from single-family homes to large apartment buildings?

Residential construction sub-sector Signup and view all the answers

Which sub-sector covers all buildings other than residential?

Institutional, commercial, and industrial construction sub-sector Signup and view all the answers

Which sub-sector covers all non-building construction projects, including roads, sewer and water, bridges, dams, railways, ports, airports, pipelines, and oil and gas facilities?

Engineering (or heavy civil) construction sub-sector Signup and view all the answers

What is the largest sector of the Canadian economy?

Non-residential sector Signup and view all the answers

What are the three major sub-sectors of the construction industry in Canada?

Non-residential, residential, and institutional Signup and view all the answers

Which phase of the construction process involves studying the feasibility of the project?

Studying the feasibility of the project Signup and view all the answers

Which phase of the construction process involves operating and maintaining the asset after project completion?

Operating and maintaining the asset after project completion Signup and view all the answers

Which phase of the construction process involves demolishing and recycling the asset?

Demolishing and recycling the asset Signup and view all the answers