Canada Construction Market to Reach USD 442 Billion by 2030; Residential, Infrastructure and Industrial Activity to Drive Growth

Mordor Intelligence has published a new report on the Canada Construction Market offering a comprehensive analysis of trends, growth drivers, and future projections

Introduction

The Canada Construction Market size is estimated at USD 359.80 billion in 2025, and is expected to reach USD 422 billion by 2030, at a CAGR of 4.20%. This growth reflects healthy demand across residential building, infrastructure modernization, and industrial development. As the economy evolves, key forces such as rising urbanization, policy support for public works, and growth in data-centres and logistics facilities are shaping the Canada construction market. Multi-family housing, data centres, and e-commerce logistics facilities are emerging as high-growth niches, and Indigenous-led partnerships are opening northern projects linked to critical mineral extraction

Report Overview: https://www.mordorintelligence.com/industry-reports/canada-construction-market?utm_source=openpr

Key Trends in the Canada Construction Market

Steady Residential Demand Anchors Growth

Residential construction continues to dominate the Canada construction market. In 2024, residential projects held the largest share. Multi-family housing apartments and condominiums lead the residential segment, particularly in major urban areas where demand remains robust. Meanwhile, suburbs and smaller cities attract demand for villas and landed houses.

Infrastructure Boost via Public Works and Modern Methods

Another strong trend is rising investment in public works and infrastructure modernization. The backing of federal and provincial governments is fueling a pipeline of infrastructure projects, ranging from transportation and utilities to industrial facilities.

Growing Industrial & Utilities Activity, and Emerging Niches

Industrial and utilities construction including energy infrastructure is among the fastest-growing segments. Demand for data centres and e-commerce logistics facilities is creating new construction niches. As digitalization spreads and companies require more data infrastructure, these specialised builds are drawing significant investment.

Margin Pressure from Labour Shortage and Input Costs

Despite strong demand, the market is not without challenges. A key headwind is a widespread shortage of skilled labour. Many in the current workforce are nearing retirement, and fewer young workers are entering trades such as carpentry or welding. This creates a gap in experienced labour, slowing down project execution and pushing firms to invest in training or look abroad for skilled workers.

Market Segmentation of Canada Construction Market

The Canada construction market can be viewed through several segmentation lenses by construction sector, by type of build, by construction method, by investment source, and by region. The segmentation helps to highlight areas of strength and fast growth.

By Sector

Residential

Commercial

Infrastructure

By Construction Type

New Construction

Renovation / Retrofit

By Construction Method

Conventional On-Site

Modern Methods of Construction (Prefabricated, Modular, 3-D Printing, etc.)

By Investment Source

Public

Private

Public-Private Partnership (PPP)

By Province / Territory

Ontario

Québec

British Columbia

Alberta

Rest of Canada

This segmentation provides a clear map of how the Canada construction market is structured and where investment flows are likely to concentrate through the forecast period.

Key Players in the Canada Construction Market

The Canada construction market is characterized by high competitive intensity, with tens of thousands of licensed firms operating across the country. Many firms specialise in residential construction, while others focus on commercial, industrial, infrastructure or utilities projects. Firms that combine building execution with design-build capabilities, energy-efficiency expertise, or industrial specialization (e.g. data centre construction) appear better positioned to win projects in this dynamic environment.

PCL Construction

EllisDon Corporation

Aecon Group Inc.

Graham Construction & Engineering

Bird Construction Inc.

In regions with resource-driven development such as energy or critical-mineral extraction firms that cultivate relationships with Indigenous communities and local stakeholders are seeing emerging opportunities, especially for northern or remote builds. The confluence of public works, urban housing demand, and industrial facility growth is reshaping the landscape for builders across Canada.

Conclusion

The Canada construction market is on a steady upward trajectory, with clear signals pointing toward sustained growth through at least 2030. Growth is being driven by a mix of residential demand, infrastructure investment, industrial builds including data centres and logistics hubs and evolving construction methods.

For complete market analysis, please visit the Mordor Intelligence page: https://www.mordorintelligence.com/industry-reports/canada-construction-market?utm_source=openpr

Industry related Reports:

Canada Construction Equipment Market : The Canada Construction Equipment Market is segmented by machinery type, covering crawler excavators and other major equipment categories; by propulsion, including internal combustion engine models and alternative systems; by end-user industries such as construction, infrastructure, and additional sectors; and by application areas ranging from excavation and earth-moving to other operational uses. The market is further analyzed across key provinces, with forecasts presented in both value (USD) and volume (units).

Get more Insights: https://www.mordorintelligence.com/industry-reports/canada-construction-equipment-market?utm_source=openpr

Canada Commercial Construction Market: The Canada Commercial Construction Market Report analyzes the sector across multiple dimensions, including commercial sector type, such as office, retail, industrial and logistics, and other categories-along with construction type, covering both new construction and renovation activities. It also examines investment sources, distinguishing between public and private funding, and provides a detailed geographic breakdown that includes Toronto, Vancouver, Montreal, Calgary, Ottawa, and the rest of Canada. Market forecasts are presented in terms of value (USD).

Get more Insights: https://www.mordorintelligence.com/industry-reports/canada-commercial-construction-market?utm_source=openpr

Canada Residential Construction Market: The Canada Residential Construction Market Report covers the sector's structure and outlook across key dimensions, including type (apartments & condominiums, and villas & landed houses), construction type (new construction and renovation), and construction method (conventional on-site and others). It also analyzes investment flows from both public and private sources and provides geographic insights for major cities such as Toronto, Vancouver, Montreal, and Calgary, along with the rest of Canada. Market forecasts are presented in terms of value (USD).

Get more Insights: https://www.mordorintelligence.com/industry-reports/canada-residential-construction-market?utm_source=openpr

For any inquiries or to access the full report, please contact:

media@mordorintelligence.com
https://www.mordorintelligence.com/

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This release was published on openPR.