Canada Construction Market Report: Trends, Insights, and Forecast for 2030

The Canada Construction Market size is projected to grow, hitting USD 406.63 billion by 2035, with a CAGR of 3.14% between 2026 and 2035.

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The market continues to show stable growth in 2025, driven by ongoing urbanization, population growth, and government-led infrastructure investments. Major cities like Toronto, Vancouver, Calgary, and Montreal remain focal points for high-rise residential, commercial, and mixed-use developments. Public infrastructure projects, including transit expansions, hospitals, schools, and green energy facilities, are further fueling demand, supported by the federal government’s multi-billion-dollar plan.