The Canada Residential Construction Market Report is Segmented by Type (Apartment & Condominiums, and Villas & Landed Houses), by Construction Type (New Construction and Renovation), by Construction Method (Conventional On-Site, and More), by Investment Source (Public and Private), and by Geography (Toronto, Vancouver, Montreal, Calgary and the Rest of Canada). The Market Forecasts are Provided in Terms of Value (USD).

The Canada Construction Market was valued at USD 283.63 billion in 2024, and it is projected to increase to USD 349.78 billion by 2030, with a CAGR of 3.36%

This statistic shows the employment figures for the Canadian construction sector in 2017 with projections from 2018 to 2027, broken down by gender. By 2027, over **** million of male workers are expected to be employed in the Canadian construction industry, compared to ****** female workers.

The Canada Commercial Construction Market Report is Segmented by Commercial Sector Type (Office, Retail, Industrial and Logistics and Others), by Construction Type (New Construction and Renovation), by Investment Source (Public and Private), and by Geography (Toronto, Vancouver, Montreal, Calgary, Ottawa and the Rest of Canada). The Market Forecasts are Provided in Terms of Value (USD).

The size of Canada's construction industry fell slightly in 2024. That year, the gross domestic product (GDP) of that industry amounted to ****** billion Canadian dollars. Despite some fluctuations, the GDP of the construction industry generally has increased since 1997.

The Canada Construction Market Report is Segmented by Sector (Residential, Commercial, Infrastructure), by Construction Type (New Construction, Renovation/Retrofit), by Construction Method (Conventional On-Site, Modern Methods of Construction), by Investment Source (Public, Private, PPP), and by Region (Ontario, Quebec, BC, Alberta, Rest of Canada). Market Forecasts are Provided in Terms of Value (USD).

Canada Data Center Construction Market is Segmented by Tier Type (Tier 1 and 2, Tier 3 and Tier 4), Data Center Type(Colocation, Self-Built Hyperscalers (CSPs), Enterprise, and Edge), Infrastructure (Electrical Infrastructure, Mechanical Infrastructure). The Market Forecasts are Provided in Terms of Value (USD).

Discover the booming Canadian commercial building construction market! This report reveals a CAGR exceeding 5%, a market size exceeding $35 billion CAD in 2025, and key trends shaping the industry. Explore market drivers, restraints, and leading companies. Key drivers for this market are: Government Initiatives in the Infrastructure and Construction Sector to Boost the Industry, Need for Precast Concrete Technology Driving the Market. Potential restraints include: Higher Transportation Cost. Notable trends are: Office Building Construction is Expected to Dominate the Market.

Between 1997 and 2024, the number of employees in the construction industry in Canada increased significantly. There were over *** million workers in the construction industry in 2024, while there were less than ************** workers in 1997. That indicates the number of workers doubling in a few decades.

This statistic displays the distribution of employment in the Canadian construction sector in 2019, broken down by sector. Around ** percent of the employees in the Canadian construction industry work in residential innovation and maintenance.

This table contains 2805 series, with data for years 1998 - 2000 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (17 items: Canada; Atlantic provinces; Newfoundland and Labrador; Prince Edward Island; ...), North American Industry Classification System (NAICS) (15 items: Construction; Prime contracting; Land subdivision and land development; Building construction; ...), Revenues and expenses (11 items: Total revenues; Total operating revenues; Revenues from construction activity and related services; Other operating revenues; ...).

Discover the booming Canadian commercial building construction market! This in-depth analysis reveals a CAGR exceeding 5%, driven by economic growth, urbanization, and green building initiatives. Explore market size, key players (Pomerleau, EllisDon, PCL), regional trends (Toronto, Vancouver, Ottawa), and future projections (2025-2033). Recent developments include: March 2022: Anthem Properties (a Canadian development, investment, and management company), along with KingSett Capital (a capital market company), have acquired an 8.34-acre mixed-use site located at Willingdon Avenue and Dawson Street in the City of Burnaby's active Brentwood Town Centre. The company developed this space into a four-phased master-planned community, including 2,100 market condominiums, 340 rental units, and 60,000 square feet of new retail and office spaces., January 2022: Bird Construction Inc. (a Canadian construction company) has entered into a three-year strategic partnership for the Building Good initiative along with Chandos Construction Inc. (North America's commercial builder). Building Good is a thought leadership initiative that aims to catalyze owners and industry partners to change the way the architecture, engineering, and construction industries design and build for the betterment of people and the planet.. Key drivers for this market are: Government Initiatives in the Infrastructure and Construction Sector to Boost the Industry, Need for Precast Concrete Technology Driving the Market. Potential restraints include: Higher Transportation Cost. Notable trends are: Office Building Construction is Expected to Dominate the Market.

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Construction Market Size 2025-2029

The construction market size is valued to increase by USD 1288.3 billion, at a CAGR of 5.5% from 2024 to 2029. Increase in residential and commercial infrastructure projects will drive the construction market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 53% growth during the forecast period.
By Type - Buildings construction segment was valued at USD 1608.40 billion in 2023
By End-user - Private sector segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 63.08 billion
Market Future Opportunities: USD 1288.30 billion
CAGR from 2024 to 2029 : 5.5%

Market Summary

The market continues to be a significant economic driver, fueled by the increasing demand for infrastructure development in various sectors. This demand is spurred by population growth, urbanization, and technological advancements. One of the most notable trends shaping the industry is the integration of artificial intelligence (AI) in construction processes. AI is revolutionizing the sector by enhancing efficiency, reducing costs, and improving safety. However, the high cost of construction machinery and materials remains a significant challenge. To mitigate this, companies are exploring innovative solutions such as Modular construction and offsite fabrication. These approaches enable the production of high-quality structures at a lower cost and with reduced environmental impact.
Furthermore, the adoption of Building Information Modeling (BIM) and other digital technologies is enabling more accurate project planning, design, and execution. Despite these advancements, the market faces complex regulatory environments and labor shortages, which necessitate collaboration and innovation to overcome. The industry's future direction lies in the continued adoption of technology and the development of sustainable, cost-effective solutions.

What will be the Size of the Construction Market during the forecast period?

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How is the Construction Market Segmented ?

The construction industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Buildings construction
  Heavy and civil engineering construction
  Land planning and development
  Specialty trade contractors


End-user

  Private sector
  Public sector


Product

  Traditional
  Sustainable


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK


  APAC

    China
    India
    Indonesia
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The buildings construction segment is estimated to witness significant growth during the forecast period.

The market continues to evolve, with buildings construction being a significant and dynamic segment. This sector encompasses residential, commercial, and multifamily buildings, each contributing to the overall growth and development of the global construction industry. For instance, Egypt's ambitious project to build a new administrative capital (NAC) 45 kilometers east of Cairo is a testament to this ongoing activity. With a goal to ease overcrowding and pollution in the current capital, NAC is expected to accommodate over six million residents and become Egypt's new political and administrative center. CSCEC, a leading Chinese state-owned enterprise, is a major player in this transformation.

Risk assessment methodologies, building envelope systems, and foundation engineering are essential elements in this evolving landscape. Innovative approaches, such as prefabricated construction methods, green building certifications, and cost estimation techniques, are shaping the future of construction. For example, 3D printing construction and modular construction techniques are revolutionizing the industry, offering faster and more cost-effective solutions. Quality control procedures, structural engineering software, and lifecycle cost analysis are crucial components in ensuring the long-term success of construction projects. Safety management systems, construction site safety, and digital twin technology are essential in minimizing risks and optimizing resource allocation. Concrete mix design, structural analysis software, and heavy equipment operation are other critical aspects that require continuous improvement.

Building automation systems, sustainable building materials, and smart building technologies are becoming increasingly important in creating energy-efficient and environmentally friendly structures. Compliance with building codes, Geotechnical engineering principles, and mep engineering design are also essential in ensuring safety and

Employment statistics on the Industrial Building Construction industry in Canada

Over the five years through 2025, returns for the Heavy Engineering Construction industry in Canada have expanded, supported by federal infrastructure spending, which has fallen short of initial plans. Specifically, the Investing in Canada Plan, a 12-year infrastructure spending plan passed as part of Budget 2017, committed $188.0 billion in spending but has ultimately resulted in less than $110.0 billion in infrastructure spending. The Canada Infrastructure Bank, part of the Investing in Canada Plan, has also spent less than initially planned, but has still supported the industry. Overall, the heavy engineering construction industry's revenue has been expanding at a CAGR of 2.8% over the past five years and is expected to total $72.5 billion in 2025, when revenue will increase an estimated 0.6% and profit will have seen an overall expansion as demand has remained strong while purchase cost inflation has cooled. Heavy engineering construction contractors have also benefitted from growing private investment. The government has supported private investment through Public-Private Partnerships Canada, a Crown corporation tasked with increasing the private sector's role in providing public infrastructure. Additionally, higher commodity prices have led to an uptick in mining infrastructure spending over the past five years. Supply chain bottlenecks have led to investments in expanding port capacities. Capital expenditures on railroad tracks have also expanded. Still, private investment has been stifled by high interest rates, which drove up the cost of capital. The Bank of Canada raised or maintained rates from early 2022 through mid-2024. Rates were cut several times between June 2024 and March 2025, but have been held steady since amid tariff uncertainty. Moving forward, heavy engineering construction contractors will benefit from steady government support and a more attractive investment climate. Under Prime Minister Mark Carney, the federal government has proposed investing nearly $25 billion in infrastructure spending. Private demand for expanding energy infrastructure investments will also promote growth. Tax credits and the Smart Renewables and Electrification Pathways Program will promote investment into hydropower plants, bolstering the performance of heavy engineering construction contractors. Contractors will continue to face the threat of high trade tensions between the US and Canada, which could impede cross-border business and drive up input costs. Still, heavy engineering construction revenue is expected to rise at a CAGR of 1.8% to $79.2 billion through the end of 2030.

GDP from Construction in Canada decreased to 170232 CAD Million in September from 170504 CAD Million in August of 2025. This dataset provides - Canada Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

View monthly updates and historical trends for Canada Real GDP by Industry: Construction. Source: Statistics Canada. Track economic data with YCharts anal…

Number of Businesses statistics on the Commercial Building Construction industry in Canada

Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Canada (CANPRINTO01IXOBM) from Jan 1961 to Feb 2024 about Canada, construction, and production.

Building construction price indexes (BCPI), percent change, by type of building and construction division. Quarterly data are available from the first quarter of 1982. The table presents quarter-over-quarter and year-over-year percentage changes for various aggregation levels. The base period for the index is (2017=100).