Pomerleau says Canada construction GDP rises 1.06% q/q in Q2 2026
Bitget2026/10/08 18:47Pomerleau’s Q2 2026 Economic Radar flagged improving Canadian construction activity, with construction GDP up 1.06% quarter over quarter. Non-residential building permits rose 14.08%, driven by institutional and government projects, with momentum viewed as uneven across segments. Non-residential construction prices increased 3.5% year over year, with sharper gains in London and Quebec City than in British Columbia. Labour conditions stabilized, with June construction unemployment at 6.0%, while the job vacancy rate rose to 3.2% from 2.9%. Supply chain pressures eased from a spring 2026 peak, though elevated risks persist from trade tensions, geopolitics, tariffs, and energy volatility. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pomerleau Inc. published the original content used to generate this news brief on October 08, 2026, and is solely responsible for the information contained therein.
- Pomerleau’s Q2 2026 Economic Radar flagged improving Canadian construction activity, with construction GDP up 1.06% quarter over quarter.
- Non-residential building permits rose 14.08%, driven by institutional and government projects, with momentum viewed as uneven across segments.
- Non-residential construction prices increased 3.5% year over year, with sharper gains in London and Quebec City than in British Columbia.
- Labour conditions stabilized, with June construction unemployment at 6.0%, while the job vacancy rate rose to 3.2% from 2.9%.
- Supply chain pressures eased from a spring 2026 peak, though elevated risks persist from trade tensions, geopolitics, tariffs, and energy volatility.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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