Year over year, investment in building construction grew 8.0% in June 2025

In June 2025, investment in building construction in Canada reached $22.7 billion, an 8.0% increase year-over-year, driven by growth in the residential sector. The residential sector saw a 3.1% rise primarily due to multi-unit projects, especially in Quebec and British Columbia. The non-residential sector experienced a slight decline of 0.5%, largely due to reductions in the industrial and institutional components. Overall, investment for the second quarter of 2025 remained steady compared to the previous quarter, with residential growth balancing out declines in non-residential investments.