UTPro Crane Report Q4 2025: Down and Up and Down and Down
AI Article Summary
The latest UTPro Crane Report reveals a continued decline in the number of cranes across the Greater Toronto and Hamilton Area (GTHA) for the second consecutive year, with 235 cranes reported as of January 1, 2026. Significant drops in crane numbers were noted in Toronto, Hamilton, and Halton, while York and Peel regions saw slight increases. Despite the decrease in project numbers, the Gross Floor Area under construction remains almost stable, reflecting the ongoing trend towards larger construction projects.
What This Means for Canadian Contractors
The report highlights a trend of fewer but larger construction projects in the GTHA, suggesting a shift in the construction landscape. For Canadian builders, this means adapting to potentially larger-scale projects that might demand increased coordination and planning. Contractors may face challenges with funding and permits for these bigger projects, which could also impact project timelines and costs.
