Canada Construction Market by Type (Renovation, and New Construction), by Sector (Real Estate and Others), by Construction Method (Traditional Construction, Prefabricated/Modular Construction, 3D Printed Construction, Green/Sustainable Construction), and by Type of Contractor (Large Contractor, Medium Contractor and Small Contractor) – Country Industry Trends and Forecast, 2025–2030
Industry: Construction & Manufacturing | Publish Date: 24-Jun-2025 | No of Pages: 153 | No. of Tables: 117 | No. of Figures: 62 | Format: PDF | Report Code : CM2195
Canada Construction Industry Overview
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.
Canada construction market is experiencing robust growth, driven by strong government initiatives focused on improving housing, transportation, and sustainable infrastructure. This momentum is further supported by the execution of large-scale infrastructure megaprojects across provinces, aimed at enhancing energy, transit, and urban development.
However, the sector continues to face challenges due to complex and inconsistent regulatory frameworks that delay project execution and elevate costs. At the same time, the adoption of digital technologies, particularly Building Information Modeling (BIM), is unlocking new growth opportunities by improving project efficiency, accuracy, and collaboration, signaling a transformative shift toward a more modernized construction industry.
Government Investments And Megaprojects Fuel Infrastructure-led Growth In Canada's Construction Sector
Canada's construction industry is witnessing strong growth, largely driven by substantial government investments and the execution of major infrastructure projects. Government-led initiatives, such as the Canada Infrastructure Program, have facilitated multibillion-dollar funding commitments—like the USD 2.76 billion announced in 2024 by the federal and Alberta governments—for infrastructure renewal and expansion. These investments are bolstered through partnerships with provinces, municipalities, Indigenous communities, and private stakeholders. Simultaneously, the launch and progression of transformative megaprojects, including the Site C Clean Energy Project, Eglinton Crosstown LRT, Ontario Line, and Bruce and Darlington Nuclear Refurbishments, are significantly accelerating industry momentum. This dual push from policy and project execution is a key driver of Canada's expanding construction market.
Rapid Urbanization And Housing Demand Accelerate Construction Activities In Canada
Canada’s fast-growing urban population is exerting significant pressure on existing infrastructure and housing stock, fueling demand for new residential and mixed-use developments. Major metropolitan areas like Toronto, Vancouver, Calgary, and Montreal are experiencing rapid population growth, driven by both natural increase and high levels of immigration. To accommodate this urban expansion, there is a rising need for high-density housing, transit-oriented developments, and essential public infrastructure such as schools, hospitals, and transit systems. This urban growth trend is stimulating continuous activity across the construction sector, particularly in the residential and civil infrastructure segments.
Navigating Regulatory Complexities Hinders Growth in the Infrastructure Market
The infrastructure market faces significant challenges stemming from stringent regulatory frameworks. Infrastructure ventures encounter hurdles due to the complex network of government regulations and permitting processes. Infrastructure projects typically require securing numerous permits and approvals from governmental bodies at local, regional, and national levels. These permissions encompass zoning regulations, environmental assessments, compliance with building codes, safety standards, and various regulatory requirements. Lengthy permit acquisition processes, bureaucratic inefficiencies, and regulatory disparities among jurisdictions can significantly prolong project timelines and inflate costs. Additionally, fluctuations in regulations or unexpected policy changes can disrupt ongoing projects and discourage potential investments. For instance, the United States Environmental Protection Agency (EPA) oversees various aspects of the infrastructure sector, including air quality, lead management, waste disposal, and water regulations. The EPA's compliance assistance centers offer resources to facilitate environmental compliance during demolition activities, the recycling of infrastructure materials, and the proper disposal of refrigeration and air-conditioning equipment.
Integration of Digitalization and BIM Presents Lucrative Opportunity for Market Expansion
The construction market is undergoing a significant transformation with the integration of digitalization and the adoption of Building Information Modeling (BIM), harnessing advanced technologies to enhance efficiency, accuracy, and collaboration across various projects. BIM, an advanced 3D modeling tool, empowers stakeholders to generate and oversee digital renditions of structures and infrastructure, facilitating improved coordination and communication among project teams. For example, in September 2022, the National Institute of Building Sciences (NIBS) launched the Canada National Building Information Management (BIM) Program, aiming to revolutionize the infrastructure industry and achieve unprecedented levels of industrial efficiency through digitalization. This initiative addresses the insufficient degree of digitalization within the Canada infrastructure sector, that impedes the evolution of lifecycle work processes to become more efficient, cost-effective, resilient, and safer for infrastructure and maintenance.
Competitive Landscape
The key players operating in the Canada construction industry include Aecon Group Inc., PCL Construction, EllisDon, Graham Construction, Kiewit Canada,. Ledcor Group, Pomerleau, Bird Construction, Flynn Group of Companies, Broccolini Construction, Stuart Olson, , Chandos Construction, Maple Reinders Constructors Ltd., FlatironDragados, Turner Construction Company and others.
Canada Construction Market Key Segments
By Type
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Renovation
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New Construction
By Sector
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Real Estate
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Residential
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Affordable
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Luxury
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Commercial
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Retail Buildings
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Office Buildings
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Hospitality
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Healthcare Facilities
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Educational Institutes
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Entertainment Ventures
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- Infrastructure
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Transportation
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Airport
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Port
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Rail
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Road
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Water and Wastewater
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Energy
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Telecommunication
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- Industrial
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Manufacturing Plant
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Warehouses
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Power Plants
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Oil Refineries
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Chemical Plants
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By Construction Method
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Traditional Construction
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Prefabricated/Modular Construction
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3D Printed Construction
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Green/Sustainable Construction
By Type of Contractor
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Large Contractor
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Medium Contractor
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Small Contractor
Key Players
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Aecon Group Inc.
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PCL Construction
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EllisDon
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Graham Construction
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Kiewit Canada
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Ledcor Group
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Pomerleau
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Bird Construction
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Flynn Group of Companies
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Broccolini Construction
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Stuart Olson
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Chandos Construction
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Maple Reinders Constructors Ltd.
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FlatironDragados
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Turner Construction Company
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2024 |
USD 252.61 Billion |
|
Revenue Forecast in 2030 |
USD 402.35 Billion |
|
Growth Rate |
CAGR of 9.6% from 2025 to 2030 |
|
Analysis Period |
2024–2030 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
15 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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