加拿大建筑行业市场前景及投资研究报告-培训课件外文版2024.5万达万科恒大碧桂园

INDUSTRIES

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MARKETSConstructioninCanadaCHAPTER

01OverviewGrossdomesticproductatbasicpricesfortheconstructionindustryinCanadafrom1997to2022(inbillionCanadiandollars)GDPatbasicpricesoftheconstructionindustryinCanada1997-20221601401201008060402001997

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20224/statistics/519742/gdp-for-construction-sector-in-canadaThesizeofCanada'sconstructionindustryincreasedin2021and2022.Thecoronaviruspandemiccausedasignificantdeclineinoutputinthesecondquarterof2020-ascanbeseenin,forexample,Canada'snewresidentialconstructionduringthistime.ReadmoreNote(s):Canada;1997to2022;Thevaluesareinchained2012Canadiandollars.Source(s):StatCan;ValueofnewconstructionsputinplaceinCanadafrom2017to2022,withforecastsuntil2027(inbillionCanadiandollars)Canada'stotalconstructionputinplace2017-2027450400401.06385.99374.44365.09360.33362.3135030025020015010050323.36283.39279.64279.16272.2502017201820192020202120222023*2024*2025*2026*2027*5Description:ThevalueofnewconstructionputinplaceinCanadaisexpectedtodecreasein2023,butitisforecasttorecoverby2025.ConstructionspendingforalltypesofconstructionprojectsintheNorthAmericancountryamountedtoapproximately365billionU.S.dollarsin2022.By2027,itisexpectedtoreachover401billionU.S.dollars.ReadmoreNote(s):Canada;2013to2022;*Forecasts.Figuresareincurrentdollarsandarerounded.Includesresidential,nonresidential,andnon-buildingstructuresReadmoreSource(s):FMICorporationLeadingcontractorsbasedonrevenueinCanadafrom2021to2022(inmillionCanadiandollars)Canada'stopcontractorsbasedonrevenue2021-2022RevenueinmillionCanadiandollars202220214,00001,0002,0003,0005,0006,0007,0008,0009,000PCLConstructionEllisDonCorp.LedcorGroupofCompaniesAeconGroupInc.PomerleauInc.KiewitCanadaGroupInc.GrahamConstructionVinciFlatironBirdConstructionFlynnGroupofCompaniesEBCInc.6/statistics/596922/ranking-of-the-leading-contractors-canadaPCLConstructorswastheconstructioncontractorinCanadawiththehighestrevenuefiguresin2022,whichamountedto7.9billionCanadiandollars.EllisDonCorp.andLedcorGroupofCompanycameinsecondandthird,respectivelythatyear.

ReadmoreNote(s):Canada;2021to2022;Thecompaniesincludedintherankingarethe20withthehighestrevenuein2022.Thatmeansthatcompaniesthatpreviouslywereintherankinginpreviousyears,butfelloutofitin2022arenotincluded.Source(s):AonHeightofthetallestskyscrapersinCanadaasofMay2023(inmeters)Canada'stallestbuildings2023Heightinmeters050100150200250300350FirstCanadianPlace(Toronto)TheSt.RegisToronto(Toronto)ScotiaTower(Toronto)298.1276.9275AuraatCollegePark(Toronto)BrookfieldPlace(Toronto)OneBloorStreetEast(Toronto)StantecTower(Edmonton)271.9260.9257.3248.9BrookfieldPlaceTowerOne(Calgary)CIBCSquareI(Toronto)247241.3239CommerceCourtWest(Toronto)TheBow(Calgary)237.5234.2233ÏCECondominiumsatYorkCentre2(Toronto)HarbourPlazaResidencesEast(Toronto)EauduSoleilSkyTower(Toronto)Le1250BoulevardRene-Levesque(Montreal)228.2226.57Description:ThetentallestskyscrapersinCanadaasof2023wereover239meters.Withaheightof298meters,theFirstCanadianPlaceinTorontoiscurrentlythetallestskyscraperinCanada.AsofMarch2023,therewere34buildingsinCanadathatwerehigherthan200meters.ReadmoreNote(s):Canada;May2023Source(s):CTBUHNumberofLeadershipinEnergyandEnvironmentalDesign(LEED)-registeredprojectsinCanadaasofNovember2022,byspacetypeNumberofLEED-registeredprojectsinCanada2022,bytypeNumberofLEED-registeredprojects02004006008001,0001,2001,4001,6001,520OfficeRetail650PublicassemblyMultifamilyresidentialMixed-useofficeIndustrialmanufacturingHealthcare282271212170157147HigherEducationWarehouseanddistributionOther305668Description:AsofNovember2022,therewere4,336LEED-registeredbuildingprojectsinCanada.Officesandmixed-useofficeswerethetypeofspaceswiththehighestamountofcertifications.Atthattime,therewereonly271multifamilyresidentialprojectsinthecountrycertifiedbyLEED.ReadmoreNote(s):Canada;asofNovember2022;outofatotalof4,336certificationsinCanadaSource(s):CaGBC;USGBCCHAPTER

02ResidentialconstructionNewhousingstartsinCanadafrom1948to2022(in1,000s)NewresidentialconstructioninCanada1948-202230025020015010050010Description:In2022,therewerelessnewhomeconstructionstartsinCanadathaninthepreviousyear.ThenumberofhousingstartsintheNorth-Americancountryhasincreasedinoveralltermssince2013.AlthoughtheCOVID-19pandemichadanimpactontheindustryin2020,therewerejustaround8,000housesstartedlessonthatyearthanin2019.ReadmoreNote(s):Canada;1948to2022Source(s):CanadaMortgageandHousingCorporation;StatCanNumberofnewhousingstartsincensusmetropolitanareasinCanadafrom2016to2022,byprovinceNumberofnewresidentialconstructioninCanada2016-2022,byprovinceAlberta250,000BritishColumbiaManitobaNewBrunswickNewfoundlandandLabradorNovaScotiaOntarioQuebecSaskatchewan200,000150,000100,00050,0000201620172018201920202021202211Description:NewhomeconstructionintheCanadianprovinceofOntarioamountedtoover83,480unitsin2022,whichismuchhigherthanthenumberofconstructionstartsinQuebec.Onayear-to-yearbasis,constructioninbothprovinceshasbeenincreasingsteadilyinthelasttwoyears.Evendespitethestartofthepandemic,thenumberofconstructionstartsincreasedin2020ineveryCanadianprovinceexceptNewfoundlandandLabrador,BritishColumbia,andAlberta.Thishastranslatedintoan[...]

ReadmoreNote(s):Canada;2016to2022Source(s):CanadaMortgageandHousingCorporationNumberofhomesunderconstructioninCanadafrom2001to2022(in1,000units)HousingunderconstructioninCanada2001-20224003503002502001501005002001

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202212Description:ThenumberofdwellingunitsthatwereunderconstructioninCanadainDecemberof2022wasapproximately334,100units.Therewasageneralrecoveryoftheconstructionmarketduringtheperiodconsidered,astherewerelessthan100,000homesunderconstructionin2001.ReadmoreNote(s):Canada;2001to2022;FiguresasofDecemberofeachyear.Source(s):CanadaMortgageandHousingCorporationNumberofmultifamilybuildingpermitsinCanadafrom2018to2022,byprovinceCanada'sresidentialmulti-familybuildingpermits2018-2022,byprovinceNovaScotiaNewBrunswickQuebecOntarioManitobaSaskatchewanAlbertaBritishColumbiaOtherprovinces90,00080,00070,00060,00050,00040,00030,00020,00010,00002018201920202021202213Description:ThenumberofmultifamilyhomebuildingpermitsissuedinCanadain2022decreasedslightlyincomparisontothepreviousyear.In2018,therewereapproximately66,700multifamilyhomebuildingpermitsinCanada,whilethatfigurehadreachednearly85,000in2021.ReadmoreNote(s):Canada;2018to2022Source(s):StatCan;ValueofCanadianresidentialsectorbuildingpermitsfrom1990to2023(inbillionCanadiandollars)Canada'sbuildingpermitvalueintheresidentialsector1990-20231009089.6387.48067.177062.8462.1159.696055.1453.3550.9948.41

48.4147.285040302010044.4843.4738.7220.34200017.51199013.24199520052010201120122013201420152016201720182019202020212022

2023*14Description:ThetotalvalueofresidentialsectorbuildingpermitsissuedinCanadaisoverfourtimeshigherin2022thanin2000.AsofJuly2023,residentialbuildingpermitstothevalueofover47billionCanadiandollarswereissuedin2022.

ReadmoreNote(s):Canada;1990to2023;*Figuresfor2023asofJulyofthatyearSource(s):StatCan;ValueofnewresidentialbuildingsputinplaceinCanadafrom2016to2022,withforecastsuntil2027(inbillionCanadiandollars)Canada'sresidentialbuildingsputinplace2016-2022,withforecastsupuntil2027200179.58177.1318016014012010080167.08164.66162.84161.51159.81125.7118.7118.41113.82105.47604020020162017201820192020202120222023*2024*2025*2026*2027*15Description:ThevalueofnewresidentialbuildingsputinplaceinCanadaisforecasttodecreasein2023and2024.By2024,residentialconstructionspendinginthenorthAmericancountrywouldamounttoapproximately159.8billionCanadiandollars.In2016,residentialconstructionspendingwasvaluedatjustover105billionCanadiandollars.ReadmoreNote(s):Canada;2016to2022;*Forecast.Figuresareincurrentdollars.Thisstatisticwasassembledusingseveraleditionsofthereport.

ReadmoreSource(s):FMICorporationCHAPTER

03Non-residentialconstructionForecastfornewnon-buildingstructuresputinplaceinCanadafrom2014to2023(inmillionCanadiandollars)Canada'snon-buildingstructuresputinplace2014-2023120112.9112107.699.710092.987.48681.278.975.980604020068.32017201820192020202120222023*2024*2025*2026*2027*17/statistics/964465/projected-value-total-canada-non-building-structuresThisstatisticdisplaysthevalueofnewnon-buildingstructuresputinplaceinCanadafrom2014to2018,withforecastsuntil2023.Constructionspendingfornon-buildingstructureprojectsisexpectedtoreachabout111.9billionU.S.dollarsin2023.ReadmoreNote(s):Canada;2017toQ12023;*Forecast.Figuresareincurrentdollars.Non-buildingstructuresinclude:powerfacilities,highwayandstreets,sewageandwastedisposal,watersupplyandconservationanddevelopmentfacilities.

ReadmoreSource(s):FMICorporationValueofconstructionpermitsforcommercialbuildingsinCanadafrom2018to2022,bybuildingtype(in1,000Canadiandollars)ValueofcommercialbuildingpermitsinCanada2018-2022,bybuildingtypeTradeandservicesWarehousesServicestationsOfficebuildingsRecreationHotels,restaurantsLaboratories25,00020,00015,00010,0005,00002018201920202021202218Description:In2022,thevalueofconstructionpermitsforcommercialbuildingsinCanadareached22billionCanadiandollars.Offices,alongwithwarehousesandtradeandserviceswerethesegmentswiththehighestshareofthatvalue.ThesefiguresdonotincludeconstructionpermitsforindustrialbuildingsinCanada.ReadmoreNote(s):Canada;2018to2022Source(s):StatCan;ValueofconstructionpermitsforinstitutionalandgovernmentalbuildingsinCanadafrom2018to2022,bybuildingtype(in1,000Canadiandollars)ValueofinstitutionalbuildingpermitsinCanada2018-2022,bybuildingtypeEducationMedicalWelfare/homeReligionGovernmentbuildings14,00012,00010,0008,0006,0004,0002,00002018201920202021202219Description:ConstructionpermitsforinstitutionalbuildingsinCanadareachedavalueofnearly12millionCanadiandollarsin2022.Duringthepastyears,educationalandmedicalbuildingswerethesegmentwiththehighestshareofthosepermits'value.ReadmoreNote(s):Canada;2018to2022Source(s):StatCan;ValueofconstructionpermitsforindustrialbuildingsinCanadafrom2018to2022,bybuildingtype(inmillionCanadiandollars)ValueofindustrialbuildingpermitsinCanada2018-2022,bybuildingtypeFactoriesTransportationMiningandagriculture10.09.08.07.06.05.04.03.02.01.00.02018201920202021202220Description:ThevalueofindustrialbuildingpermitsinCanadain2022amountedtooverninebillionCanadiandollars.Factorieshadthebiggestshareofthatvalue,surpassingthreebillionCanadiandollarsin2022.ReadmoreNote(s):Canada;2018to2022Source(s):StatCan;CHAPTER

04GrowthrateofconstructioncostsResidentialandnon-residentialbuildingconstructionpriceindexinmetropolitanareasofCanadafrom1stquarter2017to2ndquarter2023Priceindexforresidentialandnon-residentialconstructioninCanada2017-2023ResidentialNon-residential1851751651551451351251151059585Q1

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202322Description:From2017tothesecondquarterof2023,theconstructionpriceofresidentialbuildingsinCanadaincreasedby76.16percent.Duringthesameperiod,thepriceoferectingnon-residentialbuildingswasover41percenthigherthanin2017,theyearwhentheindexbasewasset.ReadmoreNote(s):Canada;1stquarter2017to2ndquarter2023;Priceindexbasesetin2017at100;compositeofelevenmetropolitanareasSource(s):StatCanAnnualgrowthrateofbuildingconstructionpricesinmetropolitanareasofCanadafrom2018to2022,bytypeofbuildingGrowthrateofbuildingconstructionpricesinCanada2018-2022,bytypeofbuilding20186.05%5.78%20193.56%3.36%20202.19%3.91%20219.33%202216.73%18.43%High-riseapartmentbuilding(fiveormorestoreys)Low-riseapartmentbuilding(fewerthanfivestoreys)17.65%Single-detachedhouse6.88%7.28%3.9%2.39%2.77%3.34%4.01%3.3%4.16%4.38%1.42%1.43%1.66%1.81%1.68%1.5%22.53%22.53%5.72%8.38%6.65%9.86%8.92%5.46%20.95%20.39%11.57%13.95%12.22%14.67%14.89%10.19%TownhouseOfficebuildingWarehouse4.05%3.8%ShoppingcentreFactory4.67%3.5%4.2%BusdepotwithmaintenanceandrepairfacilitiesSchool3.57%2.93%3.38%23Description:Single-familyhomeswerethebuildingswiththehighestconstructionpriceincreaseinCanadain2022.Ontheothersideofthespectrum,thepriceofbuildingaschoolwaswellbelowtheaverageforelevenmetropolitanareasacrossthecountry.In2021,theconstructionofseveraltypesofbuildingsalsosawtwo-figuregrowthrates.ReadmoreNote(s):Canada;2018to2022;CompositeofelevenmetropolitanareasSource(s):StatCan;AnnualgrowthrateofresidentialbuildingconstructionpricesinselectedcitiesinCanadafrom2018to2022GrowthrateofresidentialconstructionpricesinselectedcitiesCanada2018-2022201820191.54%2.73%2.85%4.07%5.09%1.9%20204.3%202119.2%202215.08%13.31%7.34%St.John'sHalifax3.63%5.17%3.6%3.86%4.5%13.14%11.97%13.76%24.07%21.74%13.62%18.55%28.85%21.38%9.52%MonctonMontréalOttawa-GatineauToronto3.2%4.21%5.8%15.27%15.25%25.2%6.57%7.85%11.28%3.4%3.87%2.58%2.08%3.82%4.04%2.88%WinnipegSaskatoonCalgary1.95%0.99%1.64%1.34%4.81%12.16%10.76%20.18%21.34%13.96%4.88%4.48%7.68%EdmontonVancouver24Description:ResidentialbuildingconstructionpricesincreasedgraduallyinCanada,withthehighestgrowthratesin2021and2022.Inparticular,TorontoandCalgarywereamongthemetropolitanareasinCanadawiththehighestgrowthrates.TheconstructioncostsinsmallercitieslikeMonctonalsoincreased,butmoregradually.ReadmoreNote(s):Canada;2018to2022Source(s):StatCan;Annualgrowthrateofnon-residentialbuildingconstructionpricesinselectedcitiesinCanadafrom2018to2022GrowthrateofcommercialbuildingconstructionpricesinCanada2018-2022,bycity20181.33%3.25%2.85%4.67%5.15%4.6%20190.84%2.47%3.5%20200.47%1.75%1.32%3.29%2.93%2.55%0.78%-0.1%0.48%0.4%20217.26%7.41%4.1%20228.18%St.John'sHalifax9.69%MonctonMontréalOttawa-GatineauToronto12.25%12.95%13.59%16.24%8.57%4.47%4.85%3.85%2.38%1.66%2.01%2.59%4.1%8.74%11.54%9.58%6.17%3.95%4.04%7.27%4.19%WinnipegSaskatoonCalgary2.82%2.33%2.08%2.47%5.4%8.96%8.98%EdmontonVancouver12.41%9.43%0.64%25Description:In2022,theconstructionpricesofnon-residentialbuildingsreachedtwo-figuregrowthratesinseveralCanadiancities.ConstructioncostsforcommercialbuildingsinTorontogrewbynearly16percentin2022.TheresidentialconstructioncostsintheseCanadiancitiesalsosoaredthatyear.ReadmoreNote(s):Canada;2018to2022Source(s):StatCan;CHAPTER

05BuildingconstructioncostsConstructioncostsofbuildingsinBritishColumbia,Canadain2022bybuildingtype(inCanadiandollarspersquaremeter)BritishColumbiabuildingconstructioncosts2022,bytypeCostsinCanadiandollarspersquaremeterMaximumMinimum02,0004,0006,0008,00010,00012,00010,350Healthcare-ambulatorycareHealthcare-residentialcareHighereducation9,2007,4807,1505,7505,4405,000High-riseresidential-marketunits*Low-&mid-riseapartments-marketunits*Office-10-20stories4,4104,8202,9903,4303,1604,5704,5304,4204,4004,350EnclosedmallTownhouses(woodframe)-marketunits*Hotels-lowrise2,5803,2603,2103,210Secondaryschools4,180Office-5-10stories2,860Supermarket2,1602,100Warehouse1,31027Description:OneofthebuildingtypeswiththehighestconstructioncostsinBritishColumbia(Canada)in2022werehealthcareambulatorycarebuildings,whichcostedbetween9,200and10,350Canadiandollarspersquaremeter.Thatyear,constructioncostsforresidentialcarebuildingscouldreachupto7,480Canadiandollarspersquaremeter.In2022,around228,100peoplewereemployedintheconstructionsectorinBritishColumbia.

ReadmoreNote(s):2022;*Basedonmid-endspecifications.Source(s):BTYGroupConstructioncostsofbuildingsinOntario,Canadain2022,byselectbuildingtype(inCanadiandollarspersquaremeter)Ontario'sconstructioncosts2022,bybuildingtypeCostsinCanadiandollarspersquaremeterMaximum2,000Minimum3,00001,0004,0005,0006,0007,0008,0007,610Healthcare-ambulatorycareHealthcare-residentialcareHighereducation6,7505,6805,1605,2304,6004,930High-riseresidential-marketunits*Office-10-20stories3,8203,5803,3203,2303,1502,940Hotels-lowrise2,540Office-5-10stories2,6102,550Secondaryschools2,8802,7802,680Enclosedmall2,4302,1702,270SupermarketLow-&mid-riseapartments-marketunits*Townhouses(woodframe)-marketunits*Warehouse2,3902,0401,7801,47028Description:AmbulatoryhealthcarewasthetypeofbuildingwiththehighestconstructioncostsinOntario(Canada)in2021.Thecostofthattypeofbuildingrangedfrom6,750to7,610Canadiandollarspersquaremeter.Townhouseswithmid-endspecificationswere,alongwithwarehouses,amongthecheapestbuildingstoconstruct,eventhoughthetownhousesalepriceinCanadahasbeenincreasingduringthepastyears.Ontheothersideoftheresidentialspectrum,theconstructioncostofhigh-rise[...]

ReadmoreNote(s):2022;*Basedonmid-endspecifications.Source(s):BTYGroupConstructioncostsofbuildingsinVancouverin2022,byselectbuildingtype(inCanadiandollarspersquarefoot)Vancouverconstructioncostsbybuildingtype2022CostinCanadiandollarspersquarefootHighLow40002006008001,0001,200305Residentialbuildings-mediumqualityResidentialbuildings-highrisemediumqualityTownhouses265355290285180595Singlefamilyhomes2853953-4StarhotelsCommercialbuildings-mediumriseShoppingmalls270240215335335505UniversitiesSecondary/highschoolsHospitals370310255805635485Emergencyservices415530Athleticfacilities35029Description:ConstructioncostsofbuildingsinVancouver(Canada)in2022canbebrokendownbybuildingtype.Thatyear,constructioncostsofhospitalsstoodbetween635and805Canadiandollarspersquarefoot.Lightindustrystructureshadthelowestconstructioncosts,rangingbetween95and175Canadiandollarspersquarefoot.ThesecostsaresimilartothoseofotherbigCanadiancities,suchasMontreal.

ReadmoreNote(s):Canada;2022Source(s):Turner&TownsendConstructioncostsofbuildingsinQuebec,Canadain2022,byselectbuildingtype(inCanadiandollarspersquaremeter)Quebecbuildingconstructioncosts2022,bybuildingtypeCostsinCanadiandollarspersquaremeterMaximum2,000Minimum3,00001,0004,0005,0006,0007,0008,0007,440Healthcare-ambulatorycareHighereducation6,6905,6603,5405,290Healthcare-residentialcareEnclosedmall4,7804,1504,0502,9903,190High-riseresidential-marketunits*Office-10-20stories3,4002,5202,5103,380Hotels-lowrise3,0903,050Office-5-10stories2,440Secondaryschools2,4102,420Low-&mid-riseapartments-marketunits*Townhouses(woodframe)-marketunits*Supermarket1,9201,9202,3602,3501,7101,620Warehouse1,19030Description:TheconstructioncostsofhighereducationbuildingsinQuebec(Canada)in2022variedbetween6,690and7,440Canadiandollarspersquaremeter.Meanwhile,thecostsfortheconstructionofasecondaryschoolcouldreachupto3,050Canadiandollarspersquaremeterthatyear.ThesepricestendedtobeslightlylowerthanintheCanadianprovinceofOntario.ReadmoreNote(s):Canada;2022;*Basedonmid-endspecifications.Source(s):BTYGroupConstructioncostsinToronto,Canadain2022,bybuildingtype(inCanadiandollarspersquarefoot)ConstructioncostsinToronto2022,bybuildingtypeCostsinCanadiandollarspersquarefootHighLow60002004008001,0001,2001,400330Residentialbuilding-mediumqualityResidentialhighrise-mediumqualityTownhouses280275340225155730Singlefamilyhomes3-4Starhotels235430430280325SecondaryschoolUniversity2206451,105HospitalEmergencyservicesShoppingmalls690535385365240360Commercialbuilding-mediumriseLightindustry27015015090220Heavyindustry1,160Datacentres87031Description:In2022,datacenterswereamongthebuildingtypeswiththehighestconstructioncostsinToronto(Canada).Thatyear,thecostofasingle-familyhomeatthehigherendofthespectrumcouldsurpass700Canadiandollarspersquarefoot.Hospitalswerealsoamongthemostexpensivebuildingstobuild,whilelightindustrybuildingswererelativelycheap.ReadmoreNote(s):Canada;2022Source(s):Turner&TownsendConstructioncostsofbuildingsinMontrealin2022,byselectbuildingtype(inCanadiandollarspersquarefoot)Montrealconstructioncostsbybuildingtype2022CostinCanadiandollarspersquarefootHighLow40002006008001,0001,200320Residentialbuildings-mediumqualityResidentialbuildings-highrisemediumqualityTownhouses270300245190175375Singlefamilyhomes2654353-4Starhotels295340340Commercialbuildings-mediumriseShoppingmalls250275220520525UniversitiesSecondary/highschoolsHospitals3952602101,080670660400EmergencyservicesCourthouses32Description:ConstructioncostsofbuildingsinMontreal(Canada)in2022canbebrokendownbybuildingtype.Thatyear,constructingmediumqualityresidentialbuildingscostbetween245and300Canadiandollarspersquarefoot.Thatwassignificantlymoreexpensivethantownhouses.TownhousesinMontrealwerelowerthantheconstructioncostsinVancouver.ReadmoreNote(s):Canada;2022Source(s):Turner&TownsendCHAPTER

06EmploymentandsalariesNumberofemployeesintheconstructionindustryinCanadafrom1997to2022(in1,000s)NumberofemployeesintheconstructionindustryinCanada1997-20221,3001,2001,1001,0009008007006005004001997

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202234Description:Between1997and2022,thenumberofemployeesintheconstructionindustryinCanadaincreasedsignificantly.Therewereoveronemillionworkersintheconstructionindustryin2022,whiletherewerelessthanhalfamillionworkersin1997.Thatindicatesthenumberofworkersdoublinginthe24-yearperiod.ReadmoreNote(s):Canada;1997to2022Source(s):StatCanAverageweeklyearningsintheconstructionindustryinCanadaasofAugust2022,byprovince(inCanadiandollars)AverageweeklyearningsintheconstructionindustryinCanada2022,byprovinceAverageweeklyearningsinCanadiandollars02004006008001,0001,2001,4001,6001,800NorthwestTerritoriesNunavut1,655.61,623.3Alberta1,559Yukon1,4891,432.41,431.5BritishColumbiaQuebecCanada1,423.81,407.3OntarioNewfoundlandandLabradorSaskatchewanManitoba1,391.51,307.61,259.11,216.41,195.8NovaScotiaNewBrunswickPrinceEdwardIsland1,028.935Description:In2022,theaverageweeklyearningsintheconstructionindustryinCanadaamountedtoover1,400Canadiandollars.Workersintheconstructionindustryearnedonaverage1,656CanadiandollarsperweekinNorthwestTerritories,comparedtoanaverageof1,029CanadiandollarsinPrinceEdwardIslandasofAugust2022.ReadmoreNote(s):Canada;2022;seasonallyadjusted;figuresincludeovertimeSource(s):StatCanAverageweeklyearningsintheconstructionindustryinCanadafrom2001to2023(inCanadiandollars)AverageweeklyearningsintheconstructionindustryinCanada2001-20231,6001,5001,4001,3001,2001,1001,0009008007002001

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202336Description:Between2001and2023,averageweeklyearningsintheconstructionindustryinCanadahavealmostdoubled,despitesomefluctuations.AsofJune2023,workersintheconstructionindustryearnedonaverage1,485Canadiandollarsperweekincludingovertime.Thesefiguresdonotonlyincludeblue-collarworkers,butalltypesofemployeesworkinginconstruction.ReadmoreNote(s):Canada;2001to2023;dataasofJuneofeachyear;seasonallyadjusted;earningsincludingovertimeSource(s):StatCanAveragehourlywageintheconstructionindustryinCanadainthe2ndquarterof2023,byoccupation(inCanadiandollars)Averagehourlywageintheconstructionindustry