Construction sector hit hard as Canada braces for economic downturn: CFIB

Ontario Leads Residential Sector Increase in February Construction Investment - Electrical Industry News Week

May 5, 2025 Overall, investment in building construction rose 1.5% (+$331.7 million) to $22.4 billion in February, with gains being recorded across all components. The residential sector increased 1.8% to $15.7 billion, while the non-residential sector was up 0.8% to $6.8 billion. Year over year, investment in building construction grew 8.9% in February. On a constant dollar basis (2017=100), investment in building construction increased 1.2% fr…

Construction sector hit hard as Canada braces for economic downturn: CFIB

Ontario Construction News staff writer Labour shortages in construction and personal services are adding pressure to an already slowing economy, according to a new report from the Canadian Federation of […]

Another global economic expert has issued a warning about the Canadian economy, saying the coming recession will severely affect several provinces, including Ontario.