Construction Industry Statistics in Canada | Made in CA In 2021, there were over 36 million square feet of industrial spaces under construction, almost twice the amount of commercial spaces The sector’s market size was estimated to be $11 3 billion in 2022 and the growth rate has been 3 7% per year on average since 2017
Industrial Building Construction in Canada - IBISWorld Industry revenue has grown at a CAGR of 5 4 % over the past five years, to reach an estimated $16 6bn in 2025 The construction and improvement of factories and plants have been significant components of the favourable performance of industrial building construction contractors
Canada Construction Market Value Analysis | 2025-2030 - Nextmsc The Canada Construction Market size was valued at USD 252 61 billion in 2024, and is predicted to reach USD 254 95 billion by the end of 2025 The industry is predicted to reach USD 402 35 billion by the end of 2030, at a CAGR of 9 6% from 2025 to 2030
Construction statistics - Statistique Canada Building permits: Interactive Dashboard can be used to visualize monthly data or trend analysis of the value of permits issued by Canadian municipalities as well as monthly changes on residential units created
The Daily — Investment in building construction, April 2025 The value of non-residential investment in building construction edged down by $18 9 million to $6 8 billion in April Decreases in the commercial (-1 0%) and industrial (-0 8%) components were mitigated by gains in the institutional component (+1 3%) The commercial sector declined by $33 6 million to $3 3 billion in April
Building Construction Price Index (BCPI) - Statistics Canada The Building Construction Price Indexes (BCPI) are quarterly series that measure change over time in the prices that contractors charge to construct a range of new commercial, institutional, industrial and residential buildings
Canada Construction Market Size, Trend Analysis by Sector, Competitive . . . Data from Statistics Canada reveals that the total value of building permits issued nationwide rose by 3% in 2024, rebounding from an annual decrease of 7% in 2023 However, 2024 was generally a subdued year for the sector, mirroring the broader economy by struggling to gain momentum amid a high-interest rate environment
Record growth reported for industrial construction in Canada Industrial construction continues to be one of Canada’s most reliable building sectors with record completions in Q4 2023, balanced fundamentals and anticipation of robust demand going forward
Construction - 23 - Gross domestic product - Canadian Industry . . . Gross domestic product by industry (GDP) measures the value of output of an industry less the value of intermediate inputs required in the production process In this sense, it is an output-based measure of economic activity and is commonly referred to as the total value-added of an industry