b'IMPACT OF MECHANICAL CONTRACTINGON CANADIAN ECONOMYAnalysis determines industry contribution to economic well-beingWARREN HEELEYM CAC has recently completed aconstruction jobs), which equals $35maintenance and repair of mechanical report on the Economic Impactbillion in wages and salaries (26 per centsystems essential to building functionality of Mechanical and Electricalof total construction wages and salaries)and occupant comfort. This critical Construction in Canada. Produced byand contributes $63 billion to the grossrole also includes ensuring that these BuildForce Canada and Prism Economicsdomestic product (GDP) of the countrysystems meet energy efficiency, safety and and Analysis, the report underscores the(31 per cent of total construction GDP).performance standards in federal and vital economic contribution of theseThe two sectors have an estimated 31,600provincial regulations.sectors in terms of economic growth,contractors with an estimated $30 billionAt the end of the overview section, the job creation, wages and salaries. Knownin gross revenue. report notes that the work of mechanical as Building Equipment ContractingThe methodology for the report draws oncontractors is integral not only to the under the North American Industrya number of data sources, including thedelivery of complex construction projects Classification System, this sector providesCanadian System of National Accounts,but also to the ongoing operationand maintains the internal systems thatthe 2021 Canadian census, the Surveyand sustainability of Canadasmake buildings run properly. of Employment, Payroll and Hoursbuilt environment.This economic impact study is crucial(SEPH), Canadian Business Counts, theDirect and Indirect Impactsfor the mechanical contracting sector,Labour Force Survey, Statistics Canada providing a comprehensive understandingdata on the GDP and the RegisteredFour areas are highlighted concerning of our industrys contributions toApprenticeship Information System. Theimpacts from mechanical contractors: the economy and society, says Taniaconstruction sector is looked at in fourjobs, contribution to GDP, wages and Johnston, CEO of MCAC. With thissegments: residential, non-residential,contractor establishments. The impacts of report, we can better advocate for policiesengineering and repair. these areas are:that support growth, innovation andFor the purposes of this article, the1.The mechanical contracting sector issustainability. This study will not onlyemphasis will be on the mechanicalestimated to employ 205,000highlight the value of our work butcontracting sector and the results people (one in 10 construction jobs) also identify opportunities for futurefor this sector. Here is what the and an additional 150,000 indevelopment, ensuring that we continueanalysis discovered. indirect employment.to play a vital role in building a betterOverview 2.The sector is estimated to contribute tomorrow for all Canadians.The report notes in the overview section$41 billion to Canadas GDP (20 per The report estimates that the mechanicalfor mechanical contractors that [they]cent of constructions contribution and electrical contracting sectors employplay a critical role in the constructionto GDP), including $17 billion in about 440,000 people (one in foursector, specializing in the installation,indirect impacts.26 www.mcac.ca'