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flag Canada's construction GDP hit $170B in Q3 2025, up 1.3% quarterly, but faces rising costs, supply issues, and workforce shortages.

flag Canada’s construction sector GDP reached $170 billion in Q3 2025, up 1.3% quarterly and 2.6% annually, the highest quarterly gain in over three years, driven by engineering and construction activities. flag Despite growth, rising costs—especially for metals and plumbing—and supply chain issues persist. flag U.S. trade tensions, including new tariffs on steel derivatives and the end of tariff remissions, are increasing expenses, with many firms reporting negative impacts. flag Workforce shortages are worsening, with an estimated 108,300 worker shortfall by 2034 and a large portion of residential workers nearing retirement, threatening the sector’s ability to meet future demand despite government investment.

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