Sharp decline in residential construction threatens tens of thousands of jobs in Ontario: RESCON
AI Article Summary
Residential housing starts in the Greater Toronto Area and Greater Golden Horseshoe have significantly declined in the first nine months of 2025 compared to previous years, as reported by the Residential Construction Council of Ontario (RESCON). This downturn is also accompanied by increasing job losses in the industry. The report indicates ongoing challenges for the construction labor market in Ontario.
What This Means for Canadian Contractors
This trend suggests that the permitting process may slow down as demand for new residential projects decreases. For Canadian builders, this means a potential reprioritization of resources towards maintaining existing structures or shifting focus to more stable markets. Job losses may also prompt increased interest in prefabrication and technology to lower costs and decrease labor dependency.
