Monitor Key Manufacturing Costs & Indexes in Canada

Canada Plant Construction Cost Index

Subscribe now and access key factors impacting the costs of commodity manufacturing in up to 33 countries

Plant Construction Indexes (IC Indexes) are unbiased multipliers for instantaneously adjusting construction costs of industrial plants over time. These monthly series measure the changes in the average cost of constructing a manufacturing plant, with historical data and short-term forecasts available to predict trends.

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Data

Integration

This chart is a sample of Intratec Industry Economics Worldwide. Subscribe now and access key factors impacting the costs of commodity manufacturing in up to 33 countries.

Data Use

The monthly IC indexes series measure the change in the average cost at which a plant is constructed. All available IC indexes series start back in January 2000 (base period) when the indexes are set at 100 (base value). IC indexes and key manufacturing cost factors in Canada and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics Worldwide. To better understand data provided check Industry Economics Worldwide Methodology .

Data Delivery Methods

IC Indexes are available via different delivery methods:

  • Online charts
  • Directly into Excel (using Intratec Add-in)
  • Power BI dashboards
  • Web API (to facilitate integration with existing workflows)

About IC Indexes

IC Indexes are based on a robust methodology, which involves gathering and processing a huge amount of data from several countries. The index reconciles prices trends of fundamental components of an industrial plant construction such as labor, material and energy, providing meaningful historical and forecast data for users.

IC Indexes are straightforward, handy tools for a series of purposes, like capex estimation, feasibility studies and investment analysis. Intratec Plant Construction Indexes cover as many as 33 countries, and are suitable for industrial plants from several sectors, spanning the fields of Oil & Energy, Fertilizers & Gases, Olefins & Derivatives, Aromatics & Derivatives, Alcohols & Organic Acids, Inorganic Chemicals, Polymers, Food & Nutrition, Metals & Mining, Pharmaceuticals and Water & Utilities.

About Canada Manufacturing Industry

Canada's economy is one of the most developed in the world, characterized by a strong industrial base, abundant natural resources, and a commitment to innovation and sustainability. The country boasts a highly diversified manufacturing sector, which plays a vital role in driving economic growth, employment, and export performance. Key industries in Canada include automotive, aerospace, machinery, chemicals, and natural resources, all contributing significantly to the nation's GDP.

The Canadian manufacturing sector is renowned for its advanced technology and high-quality production. The automotive industry, centered in Ontario, is one of the largest in North America, supported by a skilled workforce and close integration with U.S. markets. Canada's aerospace industry is also a global leader, known for its innovative aircraft and spacecraft production. Additionally, the country’s natural resource sector, particularly in mining and energy, is a cornerstone of its economy, providing essential materials and energy to both domestic and international markets.

As Canada continues to embrace digital transformation and sustainability, its manufacturing industry remains central to the economy. The sector's focus on innovation and the development of green technologies will be key in ensuring Canada's position as a leading industrial and economic power on the global stage.