The total value of investment in building construction decreased by $741.9 million to $22.3 billion in April. Investment in the residential sector decreased 4.5%, while the non-residential sector edged down 0.3%.
On a constant dollar basis (2023=100), the total value of investment in building construction in April decreased 3.3% from the previous month and was up 5.6% on a year-over-year basis.
Chart 1: Investment in building construction, seasonally adjusted
Description - Chart 1
Data table: Investment in building construction, seasonally adjusted
Source: Table 34-10-0293-01.
Multi-unit component leads residential construction decline
Investment in residential building construction declined by $723.0 million to $15.5 billion in April. This decrease was primarily driven by the multi-unit component (-$441.1 million to $8.7 billion), with smaller losses in the single-family component (-$281.9 million to $6.8 billion).
In April, Ontario (-$410.3 million) led the national decrease in the multi-unit component, with declines recorded in six provinces and all the territories. Meanwhile, British Columbia (+$69.3 million) led the increases in the remaining provinces.
Ontario (-$181.0 million) and Alberta (-$121.4 million) led the national decline in single-family home construction in April.
Figure 1: Month-to-month change in residential construction investment (seasonally adjusted)
Description - Figure 1
This is a map of Canada by province and territory, showing the month-to-month percentage changes for investment in residential building construction. Green arrows pointing upward represent an increase, while red arrows pointing downward represent a decrease.
Investment in residential construction for Canada decreased 4.5% in April compared with March 2025. Newfoundland and Labrador was up 4.6%, Prince Edward Island was down 5.2%, Nova Scotia was up 2.8%, New Brunswick was up 13.9%, Quebec was down 3.5%, Ontario was down 9.2%, Manitoba was up 3.3%, Saskatchewan was down 2.1%, Alberta was down 6.1%, British Columbia was up 2.5%, Yukon was down 13.5%, Northwest Territories was down 4.6% and Nunavut was down 21.2%.
Table 1: Total investment, millions of dollars (seasonally adjusted).
Total investment for Canada was $15,486.1 million, total investment for Newfoundland and Labrador was $85.6 million, total investment for Prince Edward Island was $100.8 million, total investment for Nova Scotia was $441.9 million, total investment for New Brunswick was $358.5 million, total investment for Quebec was $3,555.8 million, total investment for Ontario was $5,858.8 million, total investment for Manitoba was $495.5 million, total investment for Saskatchewan was $323.5 million, total investment for Alberta was $1,766.7 million, total investment for British Columbia was $2,447.4 million, total investment for Yukon was $21.6 million, total investment for Northwest Territories was $5.0 million and total investment for Nunavut was $25.1 million.
Figure 2: Investment in residential construction, market share and year-over-year change (seasonally adjusted)
Description - Figure 2
Single homes: Market share was 26.6% and total investment totalled $1,781.2 million, representing a year-over-year decrease of 4.9% or $91.8 million.
Semi-detached homes: Market share was 3.0% and total investment totalled $202.2 million, representing a year-over-year increase of 13.4% or $23.9 million.
Row homes: Market share was 10.4% and total investment totalled $696.8 million, representing a year-over-year increase of 10.0% or $63.1 million.
Condo and rental apartments: Market share was 60.0% and total investment totalled $4,024.7 million, representing a year-over-year increase of 23.1% or $755.4 million.
Note: Single homes value excludes cottages and mobile homes.
Source: Table 34-10-0293-01—Investment in Building Construction.
Chart 2: Investment in residential building construction, seasonally adjusted
Description - Chart 2
Data table: Investment in residential building construction, seasonally adjusted
Source: Table 34-10-0293-01.
Non-residential investment declines slightly
The value of non-residential investment in building construction edged down by $18.9 million to $6.8 billion in April. Decreases in the commercial (-1.0%) and industrial (-0.8%) components were mitigated by gains in the institutional component (+1.3%).
The commercial sector declined by $33.6 million to $3.3 billion in April. Decreases were recorded in seven provinces and two territories, led by Ontario (-$23.2 million).
Investment in the industrial sector decreased $11.1 million to $1.4 billion in April. Quebec (-$6.1 million) led the decline.
Meanwhile, the institutional component grew by $25.8 million to $2.1 billion. Gains were observed in seven provinces and two territories, led by Alberta (+$13.1 million). Quebec (-$12.7 million) led the decreases observed in the remaining provinces and territory.
Figure 3: Month-to-month change in non-residential construction investment (seasonally adjusted)
Description - Figure 3
This is a map of Canada by province and territory, showing the month-to-month percentage changes for investment in non-residential building construction. Green arrows pointing upward represent an increase, while red arrows pointing downward represent a decrease.
Investment in non-residential for Canada decreased 0.3% in April compared with March 2025. Newfoundland and Labrador was down 2.0%, Prince Edward Island was down 5.2%, Nova Scotia was up 5.6%, New Brunswick was up 1.2%, Quebec was down 2.0%, Ontario was down 0.4%, Manitoba was down 1.3%, Saskatchewan was down 0.7%, Alberta was up 1.2%, British Columbia was up 0.9%, Yukon was up 1.7%, Northwest Territories was up 3.4% and Nunavut was down 5.7%.
Table 1: Total investment, millions of dollars (seasonally adjusted).
Total investment for Canada was $6,840.8 million, total investment for Newfoundland and Labrador was $27.1 million, total investment for Prince Edward Island was $26.4 million, total investment for Nova Scotia was $120.3 million, total investment for New Brunswick was $104.7 million, total investment for Quebec was $1,286.2 million, total investment for Ontario was $2,974.2 million, total investment for Manitoba was $229.3 million, total investment for Saskatchewan was $179.8 million, total investment for Alberta was $829.8 million, total investment for British Columbia was $1,024.6 million, total investment for Yukon was $22.5 million, total investment for Northwest Territories was $3.1 million and total investment for Nunavut was $12.8 million.
Figure 4: Investment in non-residential construction, market share and year-over-year change (seasonally adjusted)
Description - Figure 4
Industrial: Market share was 21.2% and total investment totalled $1,448.2 million, representing a year-over-year increase of 1.9% or $27.3 million.
Commercial: Market share was 48.6% and total investment totalled $3,327.8 million, representing a year-over-year increase of 2.2% or $71.5 million.
Institutional: Market share was 30.2% and total investment totalled $2,064.8 million, representing a year-over-year increase of 10.8% or $201.6 million.
Source: Table 34-10-0293-01—Investment in Building Construction.
For more information on construction, please visit the Construction statistics portal.
For more information on housing, please visit the Housing statistics portal.
Note to readers
Table 34-10-0286 has been archived on the Statistics Canada website and will no longer be updated but may still be viewed. The successor table is 34-10-0293, and the information from January 2017 onwards that was in table 34-10-0286 is still available in the new table, except for the constant dollar series, which has been rebased to 2023=100. Constant dollar data for January and February 2017 represent an average between the old base year (2012=100) and the new base year (2023=100) and should be used with caution.
Data are subject to revisions based on late responses, delayed construction start dates for large projects, methodological changes, classification updates, price index updates for constant dollar series, benchmarking and adjustments to ad hoc macroeconomic events. Unadjusted data have been revised back to January 2017. Seasonally adjusted data have been revised back to January 2017.
Data presented in this release are seasonally adjusted with current dollar values unless otherwise stated. Using seasonally adjusted data allows month-to-month and quarter-to-quarter comparisons by removing the effects of seasonal variations. For information on seasonal adjustment, see Seasonally adjusted data—Frequently asked questions.
Monthly estimates for constant dollars are calculated using quarterly deflators from the Building Construction Price Index (18-10-0276-01). The monthly indexes used for the deflation process were part of a methodology review to increase the quality of the constant dollar and seasonally adjusted series. The indexes previously displayed a step pattern because of less frequent collection.
Detailed data on investment activity by type of building and type of work are now available in the unadjusted current dollar series.
The trade and services subcomponent includes buildings such as retail and wholesale outlets, retail complexes and motor vehicle show rooms. More detailed information can be found on the Integrated Metadatabase at Types of Building Structure - 2.2.1 - Trade and services.
Reference
Data table: 34-10-0286-01.
- Note: some data tables may best be viewed on desktop.
Definitions, data sources and methods: survey number 5014.
Previous release: Investment in building construction, March 2025.
Next release: July 18, 2025.
Contact information
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