Fall 2025 Stat Pack Reveals Growth in Construction Jobs; Construction Companies in B.C.
AI Article Summary
The Vancouver Regional Construction Association (VRCA) reports significant growth in British Columbia's construction sector according to the Fall 2025 Stat Pack. There has been a 14% increase in construction trade jobs and the number of construction companies has risen to over 28,000. Women in construction trades have also increased by 5.3%, adding 600 more women to the industry. Despite inflationary challenges, the sector remains a major contributor to B.C.'s GDP, with construction costs rising by 4% over the past year.
What This Means for Canadian Contractors
For Canadian builders, this means the construction industry in B.C. is thriving despite economic challenges, with significant labor market expansion and increasing participation of women. However, rising construction costs due to inflationary pressures may impact project budgets and timelines. Builders should also note the new Prompt Payment legislation, which could improve cash flow reliability for contractors.
