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US tariffs push up construction costs in Canada

Developers turn to wood‑based building products as steel, copper prices rise
The rising costs of construction materials is making it difficult for Canadian real estate developers to proceed with projects such as this one in Laval, seen under construction last month at 1555 Chomedey Blvd. (Olivier Gariépy/CoStar)
The rising costs of construction materials is making it difficult for Canadian real estate developers to proceed with projects such as this one in Laval, seen under construction last month at 1555 Chomedey Blvd. (Olivier Gariépy/CoStar)

Tariffs imposed by the United States on Canadian steel, aluminum and some copper‑heavy products are contributing to higher construction costs in Canada and may be weighing on new project activity, according to a recent economic outlook from one of the country's largest construction contractors.

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