Canada’s construction sector remains positive in Q2

By The Royal Institution of Chartered Surveyors  August 6, 2024

The Royal Institution of Chartered Surveyors (RICS) / Canadian Institute of Quantity Surveyors Construction Monitor Q2 2024 revealed that overall sentiment remains positive and to a similar extent as in the first three months of the year. Construction activity came in at +23 as against +24 in Q1, so barely changed and still growing. Interestingly, this figure is similar across construction firms of all sizes, indicating a consistent picture across the sector.

Current workloads continue to grow and like many other construction sectors across the globe, including the United States, infrastructure leads the way on sentiment toward growth. Within infrastructure projects, the strongest areas of growth appear to be in energy and transportation.

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