Majority of Canadian Construction Firms Express Confidence about Market Conditions: Procore Survey

Many organizations recognize the need to improve the well-being of their workforce (see Procore’s Get Construction Talking campaign). Four in 10 (41%) report having a wellness and mental health practice or policy in place to reduce the likelihood of burnout; 46 per cent plan to implement a process in the next 12 months.

Despite some fundamental labour challenges, respondents are optimistic about the future. Approximately eight in 10 are confident they will have enough people to meet their organizational needs (79%) and the necessary skills to meet demand (80%) over the next 12 months.

For more information, download the How We Build Now: Technology and industry trends shaping Canadian construction in 2023 report: http://www.procore.com/en-ca/ebooks/how-we-build-now-report-can

Images are available here.

Attend the panel discussion with Canadian Construction Association, Mechanical Contractors Association of Canada, Independent Contractors and Businesses Association and Procore on July 13 at 1:00 p.m. ET: https://www.procore.com/en-ca/webinars/how-we-build-now-2023

About Procore

Procore Technologies, Inc. (NYSE: PCOR) creates software for people who build the world. With a focus on providing timely and accurate data for all, Procore transforms the construction industry one project at a time – from hospitals and skyscrapers to airports and stadiums. Beyond its connected, innovative technology, Procore empowers the industry and its communities through Procore.org. For more information, visit www.procore.com.

1. The ‘How We Build Now: Technology and industry trends shaping Canadian construction in 2023’ survey was conducted by independent research company Censuswide. A total of 502 construction decision-makers and influencers participated in this report across Canada.

2 . Based on a study commissioned by Procore Technologies and conducted from March 6-8, 2023 among a nationally representative sample of n=1,502 Canadians, balanced and weighted on age, gender, region and education.



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