Q4 Prices for Non-residential Building Construction Rose 0.8%

Economy

 

Feb 26, 2018

Contractors’ prices for new non-residential building construction rose 0.8% in the fourth quarter. Higher prices to build industrial (+0.9%), commercial (+0.7%) and institutional (+0.9%) structures all contributed to the gain.

Prices for new non-residential building construction were up in all seven census metropolitan areas surveyed, led by Vancouver (+1.6%) and Montréal (+1.2%). Contractors reported rising costs for lumber, concrete formwork, plastic, copper and fuel-related inputs. Rebuilding activities in the United States after an active 2017 hurricane season contributed to higher prices for these materials. From August to October, four hurricanes made landfall in the United States causing widespread damage.

Non-residential Building Construction Price Index, year-over-year change

Over the four quarters ending in December, contractors’ prices for new non-residential building construction rose 3.1%. Higher prices in Vancouver (+5.9%) and Montréal (+4.4%) led the increase.

Source: Statistics Canada, http://www.statcan.gc.ca/daily-quotidien/180213/dq180213d-eng.htm

Photo source: Pexels

Related Articles

Latest Articles

Changing Scene

  • LEDVANCE Canada Announces Leadership Updates

    LEDVANCE Canada Announces Leadership Updates

    February 19, 2026 LEDVANCE Canada is sharing two leadership updates that further strengthen support for customers and channel partners across the country. Lori Bagazzoli has been appointed Head of Strategic Sales – LEDVANCE Canada, with a focus on expanding support for the Project and Specification market and accelerating growth in strategic opportunities. In this role, Lori Bagazzoli Read More…

  • Franklin Empire Inc. Announces Acquisition of O’Neil Electric Supply, Strengthening its Presence in Ontario and Eastern Canada

    Franklin Empire Inc. Announces Acquisition of O’Neil Electric Supply, Strengthening its Presence in Ontario and Eastern Canada

    February 18, 2026 Franklin Empire Inc., a leading independent electrical distributor in Eastern Canada, is proud and excited to announce that it has entered into a definitive agreement to acquire O’Neil Electric Supply, an Ontario-based electrical distributor, subject to customary closing conditions, including receipt of required regulatory approvals. This strategic acquisition further strengthens Franklin Empire’s Read More…

  • Nominations Now Open for 8th Biennial MEET Innovation Awards

    Nominations Now Open for 8th Biennial MEET Innovation Awards

    February 13, 2026 The Mechanical Electrical Electronic Technology Show (MEET) is pleased to announce that the ‘MEET Innovation Awards’ will return as part of the 2026 edition of the show. The purpose of these awards is to recognize innovative products in the industry. Individuals and businesses are encouraged to nominate themselves or others by completing this online form no Read More…

  • 2026 ECABC Hall of Fame Nominations

    2026 ECABC Hall of Fame Nominations

    February 12, 2026 On June 2nd, ECABC will hold a Hall of Fame Induction Ceremony as part of their Awards Gala Dinner at the Association’s 2026 Conference and AGM in Kelowna. ECABC would like to invite you to nominate an extraordinary individual from the electrical industry to join the organizations esteemed Hall of Fame! Induction into the Read More…