Quebec logs record year for construction in 2025; excellent projection for 2026: CCQ
AI Article Summary
Quebec's construction industry had a record year in 2025, witnessing 216 million hours of work, despite economic uncertainties. Growth was observed in industrial, residential, and institutional-commercial sub-sectors, with residential construction increasing by 4% due to low interest rates and high housing demand. However, a decline in activity is expected in 2026 for institutional-commercial and industrial sub-sectors, primarily due to economic factors including US-imposed tariffs. Overall, the industry is projected to see slightly reduced activity levels in 2026.
What This Means for Canadian Contractors
This report shows how the construction sector in Quebec is robust, but the forecasted decline in 2026 means contractors should prepare for reduced demand and investment opportunities. For Canadian builders, adjusting timelines and budgets to accommodate potential supply chain disruptions and interest rate shifts will be crucial. The data also suggests focusing on residential projects could remain advantageous amid continued demand for housing.