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New tariffs could threaten housing supply as Ontario builders face rising costs

Canada's measures to counter increased US duties could reduce residential starts
Residential construction underway in Ontario, where homebuilders warn the latest Canada-U.S. tariff dispute could raise building costs and further slow new housing development. (CoStar)
Residential construction underway in Ontario, where homebuilders warn the latest Canada-U.S. tariff dispute could raise building costs and further slow new housing development. (CoStar)
CoStar News
September 16, 2026 | 6:18 P.M.

Ontario homebuilders say Canada’s latest round of counter-tariffs could raise the cost of some new residential units by more than $50,000 when combined with earlier trade measures, while cutting housing starts in the province by as many as 12,000 units next year.

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