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Monday, June 24, 2002 Architectural services2000Revenues earned by architects climbed 21% in 2000 to reach $1.4 billion. The increase was fuelled by the near-record expansion of construction intentions in the residential and non-residential sectors in 2000. Ontario accounted for more than half of architectural revenue growth in 2000, with an increase of $134 million. Institutional projects, primarily for health and education, accounted for nearly 40% of fees earned in 2000. Commercial projects, led by office buildings and retail facilities, generated one-third of total fee income. Fees from residential housing projects contributed less than 15%. The industry's before-tax profit margin was 15.8% in 2000, relatively unchanged from 1999. Available on CANSIM: table 360-0004. For more information, or to enquire about the concepts, methods or data quality of this release, contact Randy Smadella (613-951-3472; randy.smadella@statcan.gc.ca), Service Industries Division. |
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