The Canadian engineering and construction (E&C) industry is a complex, rapidly evolving sector offering high risk and high rewards to players at all levels. CEOs in this industry face constant pressure to identify and exploit opportunities for growth, manage risk, control costs and attract and retain skilled people who can complete projects on time and on budget. It isn't easy.
To stay ahead of competitors, E&C companies need to be aware of how their industry is changing and the forces that are driving that change. The issues having the largest impact on the E&C sector include:
On our Global E&C website, we discuss other major issues affecting the sector, including:
These are not insignificant challenges. It takes industry-specific knowledge and dedication to continued growth to manage these pressures and create sustainable value.
How PwC can help
Our Engineering and Construction practice has extensive experience providing strategic, financial and operational advice to E&C companies and organizations. The Canadian team is an integral part of our global engineering and construction network, providing our clients with access to knowledge and experience from around the world.
We help companies address challenges like access to labour, economic crime, project finance, improving profit margins, aligning business and information technology, and project management.Contact us today to find out how we can help you build value.