Reviewing Canada’s construction sector in 2024 – Part 2: A turning point for residential construction in Canada
…the graphic above shows Canada’s housing starts estimates for 2024 by unit type. The growth indicators represent the 2023 to 2024 year-over-year change, in real terms and percentage. Source: Statistics…
Reviewing Canada’s construction sector in 2024 – Part 4: Construction labour markets find a new balance
…and increasingly, local level. Regional spotlight: where labour markets shifted in 2024 While national and provincial averages offer a broad picture, much of the labour market dynamics in 2024 unfolded…
Reviewing Canada’s construction sector in 2024 – Part 5: Building a strong workforce
…young labour force Immigrants, too, continued to play an increasingly important role in shaping Canada’s construction workforce in 2024. In 2024, 6.79 million of those employed across all industries in…
Reviewing Canada’s construction sector in 2024 – Part 1: Macroeconomic forces reshape the industry
…sectors, and on the labour force. After years of volatility marked by pandemic recovery, rising inflation, and historic labour market shifts, 2024 was a year of transition for Canada’s construction…
Reviewing Canada’s construction sector in 2024 – Part 3: Non-residential construction powers ahead
…residential construction spent much of 2024 regaining its momentum, the nation’s non-residential sector hit the gas pedal. From coast to coast to coast, institutional investments, industrial megaprojects, and infrastructure upgrades…
Construction again sees employment gains among females and young workers in December 2024
…in 2024. Lower levels of new-home construction have offset strong activity in the province’s non-residential sector. As of November 2024, the number of housing starts year-to-date in the province was…