Ontario Contractors Remain Confident Amid Risks and Uncertainty: OCS

The Ontario Construction Secretariat's Contractor Survey indicates that non-residential building contractors in Ontario are optimistic about business growth through 2025, despite political and economic uncertainties. Many predict stable or rising revenues, particularly outside the Greater Toronto Area, but concerns remain regarding material costs and labor shortages. The survey also highlights the increasing use of apprentices and the growing importance of technology and AI in the industry. However, the onset of a trade war with the United States may present new challenges requiring further analysis.