Following a relatively weak 2016, residential construction activity in Canada is poised to see a modest decrease in 2017 as the number of housing starts is expected to decline to this year, according to The Conference of Canada's latest outlook for the industry. On the other hand, non-residential construction is expected to return to growth in 2017, thanks to government infrastructure spending.

“Not only is the residential construction industry seeing a downturn in housing starts, spending on home renovations is now showing signs of weakness too. In all, we expect price-adjusted spending growth in the residential construction industry to average less than one per cent per year through 2020,” said Michael Burt,…