Non-residential Construction Investment Continues to Reach Record Highs in January 2025

April 18, 2025

Overall, investment in building construction rose 1.8% (+$393.7 million) to $22.1 billion in January. The residential sector increased 2.3% to $15.4 billion, while the non-residential sector was up 0.8% to $6.7 billion. Year over year, investment in building construction grew 5.7% in January.

On a constant dollar basis (2017=100), investment in building construction increased 1.5% from the previous month to $13.2 billion in January and was up 2.5% year over year.

Ontario’s multi-unit component leads increase in residential sector

Investment in residential building construction increased $342.0 million to $15.4 billion in January. Gains were seen in four provinces and two territories, driven by Ontario (+$354.8 million; +6.3%), while Manitoba (-$61.6 million; -12.3%) led the decline.

Investment in multi-unit construction was up $497.5 million to $8.2 billion in January. Gains were led by Ontario (+$421.0 million).

Single-family home investment declined $155.5 million to $7.2 billion in January, with declines being recorded in eight provinces and one territory.

Non-residential investment continues to reach record highs

Investment in non-residential construction increased $51.7 million to $6.7 billion in January. This marked the sixth consecutive monthly increase. Much of the recent growth stemmed from the institutional and industrial components, which both reached a record high in January.

The institutional component rose $38.8 million to $2.0 billion in January. Gains were recorded in six provinces and three territories, led by Ontario (+$18.3 million) and British Columbia (+$11.5 million). Quebec (-$6.1 million) partially offset these gains, as it recorded its 10th consecutive monthly decrease.

Investment in the industrial component increased $22.5 million to $1.5 billion in January, driven by Ontario (+$15.2 million) and Alberta (+$5.1 million).

Meanwhile, the commercial component decreased $9.5 million to $3.3 billion in January following five consecutive monthly increases. Declines in six provinces and two territories were tempered by growth in Ontario (+$16.3 million).

Go HERE for more information

Related Articles

Latest Articles

  • Hazardous Environment vs. Intrinsically Safe Sensors: Understanding the Differences

    Hazardous Environment vs. Intrinsically Safe Sensors: Understanding the Differences

    May 5, 2025 Sensors designed for industrial applications often face harsh conditions, including extreme temperatures, high humidity, exposure to chemicals, and the presence of combustible gases or dust. Two common classifications for sensors used in such environments are hazardous environment sensors and intrinsically safe sensors. While they share some overlap, they serve different purposes and… Read More…

  • The Wild and Wonderful of Thermal by FLIR – How Thermal Imaging is Augmenting More Than Just Cameras

    The Wild and Wonderful of Thermal by FLIR – How Thermal Imaging is Augmenting More Than Just Cameras

    May 5, 2025 By Krystie Johnston Teledyne FLIR OEM launched their Thermal by FLIR about six years ago, to expand support for original equipment manufacturers (OEMs) who integrate FLIR thermal camera technology into their products. Since then, these collaborations have taken thermal into completely new spaces. Mike Walters, Vice President of Emerging Product Management at FLIR… Read More…

  • Ontario Leads Residential Sector Increase in February Construction Investment

    Ontario Leads Residential Sector Increase in February Construction Investment

    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… Read More…

  • MCEE 2025 Marks Big Return to the Palais des congrès

    MCEE 2025 Marks Big Return to the Palais des congrès

    May 4, 2025 By Electro-Federation Canada Canada’s largest Mechanical, Plumbing, Hydronics, HVAC, Electrical and Lighting Expo did not disappoint. On April 24-25, more than 6,000 attendees flocked to the Palais des congrès in the heart of Montreal to attend the Mechanical, Conditioning, Electrical, and Equipment (MCEE) trade show to see the latest products, learn about… Read More…

Changing Scene

  • City Electric Supply Bids Farewell to Vickey Mackay and Brian Doucette

    City Electric Supply Bids Farewell to Vickey Mackay and Brian Doucette

    May 5, 2025 After decades of leadership, City Electric Supply bid a warm farewell to two incredible branch managers in their Ottawa District — Vicky Mackay (Ottawa Central & Kemptville) and Brian Doucette (Pembroke). “Their dedication, leadership, and lasting impact will be felt for years to come,” said City Electric Supply on LinkedIn. City Electric Supply are also introducing… Read More…

  • 2025 Skills Ontario Competition & Career Exploration Showcase Highlights the Future Skilled Trade and Technology Workforce

    2025 Skills Ontario Competition & Career Exploration Showcase Highlights the Future Skilled Trade and Technology Workforce

    May 5, 2025 Canada’s largest skilled trades and technology conference, the Skills Ontario Competition, is back at the Toronto Congress Centre May 5th – May 6th. Ian Howcroft, CEO of Skills Ontario, said Skills Ontario is changing lives and inspiring leaders through skilled trades and technologies through events like the Skills Ontario Competition. “We look forward… Read More…

  • Manitoba Government Honours Highest Achieving New Journeypersons

    Manitoba Government Honours Highest Achieving New Journeypersons

    May 4, 2025 The Manitoba government is proud to acknowledge the outstanding work and commitment of newly certified journeypersons, as well as recognize employers and their contributions to Manitoba’s skilled trades, Business, Mining, Trade and Job Creation Minister Jamie Moses announced last night at the Legislative Building during the 33rd annual Apprenticeship Highest Achievement Awards… Read More…

  • Acuity Acquires Sports Lighting Startup M3 Innovation

    Acuity Acquires Sports Lighting Startup M3 Innovation

    May 4, 2025  Acuity Inc. has acquired the business assets of M3 Innovation, LLC, a sports lighting startup that uses innovative technology to lower the overall cost of the installation and operation of sports lighting solutions.   The acquisition has already closed, and the solution is now part of the Acuity Brands Lighting (ABL) business portfolio. M3 Innovation’s products and innovative technology will be available through Acuity’s independent sales network as part of their Lithonia Lighting® brand and through direct sales and utility channels as part of their Holophane® brand.   “We are excited to welcome M3 Innovation to ABL. The founders are thought… Read More…