Material Prices Drive Non-Residential Construction Prices Up 0.1% in Q4

Non Res Construction

 

The composite price index for non-residential building construction rose 0.1% in the fourth quarter compared with the previous quarter. This change was mainly the result of a slight increase in material prices.

Of the seven census metropolitan areas (CMAs) surveyed, Toronto (+0.5%) and Montréal (+0.3%) reported quarterly increases. These gains were offset by declines in Vancouver and Ottawa–Gatineau, Ontario part (both down 0.3%). 

Year over year, the composite price index for non-residential building construction was up 1.4%. Of the CMAs included in the survey, Halifax (+2.0%) and Toronto (+1.9%) recorded the largest year-over-year increases, while Calgary (+0.7%) recorded the smallest gain from the fourth quarter of 2013.

Table 1: Non-residential building construction price index1 – not seasonally adjusted

 

Non Res Building Permits

Source: Statistics Canada, http://www.statcan.gc.ca/daily-quotidien/150210/t150210a001-eng.htm.

 

Related Articles

Changing Scene

  • EFC Welcomes Agence Omega as New CEMRA Member

    EFC Welcomes Agence Omega as New CEMRA Member

    Serving the province of Quebec, Agence Omega is an independent manufacturer representative agency dedicated to delivering exceptional service and enhancing the customer experience. They bridge the gap between end-users and installers, offering innovative, efficient, and user-friendly products through the electrical and lighting channels. With a strong commitment to distributors, specifiers, and contractors, Agence Omega provides… Read More…

  • Anne Harrigan Retiring After More Than 35 Years With EFC

    Anne Harrigan Retiring After More Than 35 Years With EFC

    It is with great reverence and honour that after more than 35 years of dedicated service, EFC announces the retirement of Anne Harrigan, Vice President of Business Intelligence, effective April 2025. Anne came to EFC from EEMAC (Electrical & Electronic Manufacturers Association of Canada) and in 1989 was promoted to Manager of Statistical Services, becoming… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound