Ontario Builders Prepare for Growth with New Investments

Tariff disputes between Canada and the U.S. are driving up residential construction costs in Ontario, adding $9,000–$14,000 to single homes and $18,000–$28,000 to mid-rise units, on top of previous increases. This affects materials like steel, wiring, and lumber, threatening jobs and reducing housing starts. The broader North American market faces affordability challenges, with potential GDP losses if trade agreements break down.