Ontario: Mechanical contractors seek opportunities in challenging economic environment

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In Ontario, mechanical contractors are seeking opportunities in challenging economic environment.

Ontario’s mechanical contractors have noticed a business slump as private sector funding has failed to compensate for the decline in the government-induced recession fighting infrastructure funding surge.

“We’re seeing variations of the same thing across the province,” said Steve Coleman, the Mechanical Contractors Association of Ontario’s (MCAO) executive director. “Bigger companies are taking on smaller jobs just to stay working, smaller companies are being bought up. Because the private projects aren’t there a lot of companies are depending on Infrastructure Ontario (IO) waiting for new projects to come through.”

This article is originally appeared in The GTA Construction Report – December 2013 Issue.

Mechanical_contractors

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