Statistics Canada: Investment in Building Construction, June 2025

Investment in building construction rose $454.4 million to $22.7 billion in June. The residential sector rose 3.1%, while the non-residential sector edged down 0.5%. Year over year, investment in building construction grew 8.0% in June.

On a constant dollar basis (2023=100), the value of investment in building construction in June rose 1.6% from the previous month and was up 4.2% year over year.

Rise in residential building construction investment

Investment in residential building construction rose $485.3 million (+3.1%) to $15.9 billion in June. The increase was driven by the multi-unit component (+4.2%), followed by the single-family component (+1.8%).

In June, multi-unit construction investment increased $362.3 million to $9.1 billion. Gains were led by Quebec (+$125.2 million), followed by British Columbia (+$72.7 million).

Investment in single-family home construction grew by $123.0 million to $6.9 billion in June. The increase in the single-family component was led by Quebec (+$68.4 million), followed by Ontario (+$36.3 million). Overall, seven provinces and two territories contributed to the increase in this component.

Investment in non-residential building construction declines

The value of investment in non-residential building construction edged down $30.8 million to $6.7 billion in June. All three components in the non-residential sector—industrial (-1.9%), institutional (-0.1%) and commercial (-0.1%)—decreased.

The industrial component declined $27.3 million to $1.4 billion in June, marking the fifth consecutive monthly decrease. Losses were led by Quebec (-$13.5 million) and, to a lesser extent, Ontario (-$6.8 million).

The institutional component edged down $1.8 million to $2.0 billion in June, with decreases being recorded in six provinces and three territories, led by Quebec (-$9.8 million). The declines were partially offset by increases in Alberta (+$5.0 million) and British Columbia (+$2.9 million).

Investment in the commercial component was slightly down, decreasing $1.7 million to $3.3 billion in June. Declines in the commercial component were led by Ontario (-$9.7 million) and British Columbia (-$3.2 million) and were tempered by an increase in Quebec (+$10.9 million).

Second quarter summary: Investment in building construction increases

The value of investment in building construction was $67.4 billion in the second quarter, virtually unchanged from the previous quarter. Year over year, investment in building construction grew by 8.5%.

Investment in residential building construction edged up 0.2% to $47.1 billion in the second quarter. This increase was driven by the multi-unit component, which rose 1.5%, while the single-family component declined 1.4%.

Investment in non-residential building construction decreased 0.6% to $20.3 billion in the second quarter. Decreases in the industrial (-3.8%) and commercial (-1.0%) components were partially offset by an increase in the institutional component (+2.2%).

For more information on construction, please visit the Construction statistics portal.

For more information on housing, please visit the Housing statistics portal.

Note to readers

Table 34-10-0286 has been archived on the Statistics Canada website and will no longer be updated but may still be viewed. The successor table is 34-10-0293, and the information from January 2017 onwards that was in table 34-10-0286 is still available in the new table, except for the constant dollar series, which has been rebased to 2017=100. Constant dollar data for January and February 2017 represent an average between the old base year (2012=100) and the new base year (2023=100) and should be used with caution. The 2017 data series will be backcasted and the figures will be revised with the release of our annual revision.

Data are subject to revisions based on late responses, delayed construction start dates for large projects, methodological changes, classification updates, price index updates for constant dollar series, benchmarking and adjustments to ad hoc macroeconomic events. Unadjusted data have been revised back to January 2023. Seasonally adjusted data have been revised back to January 2017.

Data presented in this release are seasonally adjusted with current dollar values unless otherwise stated. Using seasonally adjusted data allows month-to-month and quarter-to-quarter comparisons by removing the effects of seasonal variations. For information on seasonal adjustment, see Seasonally adjusted data—Frequently asked questions.

Monthly estimates for constant dollars are calculated using quarterly deflators from the Building Construction Price Index (18-10-0276-01). The monthly indexes used for the deflation process were part of a methodology review to increase the quality of the constant dollar and seasonally adjusted series. The indexes previously displayed a step pattern because of less frequent collection.

Detailed data on investment activity by type of building and type of work are now available in the unadjusted current dollar series.

The trade and services subcomponent includes buildings such as retail and wholesale outlets, retail complexes and motor vehicle show rooms. More detailed information can be found on the Integrated Metadatabase at Types of Building Structure – 2.2.1 – Trade and services.

Next release

Data on investment in building construction for July will be released on September 22.

Source: Statistics Canada