1.2.1 The Construction Industry
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Questions and Answers

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

  • Insurance companies
  • Sureties (correct)
  • Trade associations
  • Manufacturers
  • What do manufacturers and suppliers provide to architects?

  • Financial support
  • Technical assistance (correct)
  • Legal advice
  • Marketing materials
  • What are some examples of skilled tradespeople in the construction industry?

  • Office workers
  • Carpenters (correct)
  • Salespeople
  • Engineers
  • What do architects and engineers in most jurisdictions need to carry?

    <p>Professional liability insurance</p> Signup and view all the answers

    What do architects typically include in their office library?

    <p>Product samples</p> Signup and view all the answers

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

    <p>Supplementary training</p> Signup and view all the answers

    What type of insurance do some associations establish for architects?

    <p>Professional liability insurance</p> Signup and view all the answers

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

    <p>Plumbers</p> Signup and view all the answers

    What do trade shows in the construction industry showcase?

    <p>New technologies</p> Signup and view all the answers

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

    <p>Bonds and insurance</p> Signup and view all the answers

    Who are the major groups in the construction industry?

    <p>Owners, designers, constructors, others</p> Signup and view all the answers

    What are the two distinct groups of building owners?

    <p>Public sector and private sector</p> Signup and view all the answers

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

    <p>Architects</p> Signup and view all the answers

    What is the role of trade contractors in construction?

    <p>Perform specialized services</p> Signup and view all the answers

    How do construction firms finance their operations?

    <p>Use bank and supplier credit</p> Signup and view all the answers

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

    <p>Market fluctuations</p> Signup and view all the answers

    Who establishes the product standards used in the construction industry?

    <p>Various standards-writing bodies</p> Signup and view all the answers

    What are the major components of the construction industry?

    <p>Owners, designers, constructors, others</p> Signup and view all the answers

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

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

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

    <p>Providing mortgage and finance services</p> Signup and view all the answers

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

    <p>Non-residential sector</p> Signup and view all the answers

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

    <p>Three</p> Signup and view all the answers

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

    <p>Residential construction sub-sector</p> Signup and view all the answers

    Which sub-sector covers all buildings other than residential?

    <p>Institutional, commercial, and industrial construction sub-sector</p> 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?

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

    What is the largest sector of the Canadian economy?

    <p>Non-residential sector</p> Signup and view all the answers

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

    <p>Non-residential, residential, and institutional</p> Signup and view all the answers

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

    <p>Studying the feasibility of the project</p> Signup and view all the answers

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

    <p>Operating and maintaining the asset after project completion</p> Signup and view all the answers

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

    <p>Demolishing and recycling the asset</p> Signup and view all the answers

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