Trends reveal a construction landscape in Alberta and Ontario defined by significant public investment, housing market momentum, and evolving opportunities for firms positioned to address infrastructure and affordability challenges.
Our Quarterly Cost Report indicates consistent construction cost increase between 1-2% quarter over quarter, with a 5.68% YOY change for Calgary and a 5.07% increase for Toronto.
Expectations of declining interest rates and rising consumer confidence indicate balanced market conditions, with the Canadian government investments boosting vital sectors in the AEC market.
The map below compares the annual percentage change for Canada; the gallery below shows the quarterly percentage change for Toronto and Calgary.
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