Canadian construction sector subdued amid US tariff uncertainty: Report

The Canadian construction sector is experiencing subdued activity due to uncertainty caused by U.S. trade tariffs, although the infrastructure segment is showing strong growth. The Q2 2025 RICS-CIQS Canada Construction Monitor indicates a slight improvement in the industry's sentiment compared to the previous quarter, with infrastructure driving the positive outlook, especially in social sub-sectors like water, waste, and transport. However, private residential and non-residential sectors are facing challenges, with the residential activity reaching its lowest point since 2019. Despite concerns about tariffs and rising costs, the outlook for construction employment and infrastructure development remains positive.