Building construction investment sees gains in December and in 2025 as a whole
Summary
Statistics Canada reports a 1.9% increase in building construction investment in December, totaling $23.7 billion, with notable growth in residential and commercial sectors.
Why It Matters
This report highlights the ongoing recovery and growth in the construction industry, particularly in residential building, which is crucial for economic stability and job creation. Understanding these trends can help stakeholders make informed decisions regarding investments and resource allocation.
Key Takeaways
- Total building construction investment rose by $442.9 million in December.
- Residential construction saw a 2.4% increase, driven by multi-unit projects.
- Non-residential construction investment edged up, led by commercial sector growth.
Facebook LinkedIn Twitter Email Building construction investment sees gains in December and in 2025 as a whole More Posted on February 19, 2026 Statistics Canada reports that the total value of investment in building construction increased by $442.9 million, or 1.9%, to $23.7 billion in December. In December, investment in residential building construction was up $401.0 million, or 2.4%, to $16.8 billion. This growth was driven by the multi-unit component (+2.6%), followed by the single-family component (+2.3%). Investment in multi-unit construction rose $234.1 million to $9.3 billion in December, led by Ontario (+$266.9 million) and Alberta (+$97.3 million). The increase was partially offset by declines in Quebec (-$111.8 million) and Manitoba (-$25.2 million). In total, three provinces and two territories contributed to the growth in this component. Meanwhile, investment in single-family home construction increased $166.9 million to $7.5 billion. The increase was driven by Ontario (+$116.3 million) and British Columbia (+$45.6 million). Commercial component leads non-residential sector Investment in non-residential construction, meanwhile, edged up $41.9 million, or 0.6%, to $6.9 billion for the month. Growth in the commercial (+1.3%) and institutional (+0.2%) components were moderated by a slight decline in the industrial component (-0.4%). Commercial construction investment rose $43.8 million to $3.5 billion in December. This growth was driven by Alberta (+$20.6 millio...
