Despite the Canadian pool industry’s solid year in 2016, the number of building permits issued in 2017 declined slightly. However, this was not immediately apparent thanks, in part, to the pent up demand for pools that occurred during the previous summer.
Unlike the hot summer experienced during the 2016 pool installation season, the weather in 2017 was drastically different, resulting in a 7.5 per cent year-over-year decrease in Canadian pool permit registrations.
After a number of ebb and flow seasons, the Canadian pool industry had a breakthrough year in 2016. In fact, the total number of swimming pool building permits registered last year was the third most in the last five decades. In terms of historical data, one would need to look to 1988, an anomaly maybe, but 19,695 pools were installed. Prior to this, the bar was set in 1979 when 13,200 permits were registered.
Despite a slow start to the 2016 pool installation season the industry can thank Mother Nature for one of the warmest and most relentless summers on record, resulting in the third most pool permit registrations in the last five decades.
Despite being knocked down, the pool industry always finds a way to get back up again. During years such as 2014, when pool permit registrations dropped after a series of growth between 2011-13, the diversity of services offered by many pool companies (e.g. maintenance, renovations, repair, etc.), along with their ability to reduce operating costs by adopting new systematic approaches to business management, project design, and construction are what keeps them profitable. It is also what keeps them optimistic for the coming season, as with changing climates—weather and economics—choosing the right forecasting technique can be tricky.