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VICTORIA – The BC ��������ion Association (BCCA) has unveiled its Fall 2025 Stat Pack, which shows material costs have increased by four per cent year-over-year, double the Bank of Canada’s inflation target.

These sustained increases are raising the overall cost of building during a time of significant trade uncertainty, a release notes, along with other pressures that continue to contribute to B.C.’s affordability challenges.

The stat pack also notes the estimated value of current major construction projects underway in B.C. is $158 billion, a decrease of seven per cent since last year, but an increase of 41 per cent over the past five years.

The BCCA states despite rising costs, sector activity remains steady. ICI permit values are up nine per cent year-over-year and the number of multi-unit residential permits issued is up 10 per cent.

“While overall inflation in B.C. and Canada has cooled, we continue to see construction material costs rise at a higher rate in B.C.’s construction sector,” said Chris Atchison, BCCA president, in a statement. “These pressures are driving construction costs higher at a time when trade uncertainty is already causing many to rethink their investments, creating a secondary impact across the industry.”

B.C.’s construction sector remains a key driver of the provincial economy, contributing 9.2 per cent of GDP and employing over 267,000 people.

The release of the Stat Pack comes as the provincial government recently introduced , an item the BCCA has been a leading advocate on for many years. 

“There are many external pressures on our industry that we cannot control, but advocating for prompt payment and fairness across our industry is something we can,” added Atchison. “We look forward to working with the government to advance this legislation and provide contractors with relief from the ongoing pressures created by trade and payment uncertainty.”

Here are some other stat pack highlights:

• The estimated value of proposed major construction projects in B.C.: $174B, an increase of five per cent since last year and a decrease of 21 per cent over the past five years.
• Value of ICI building permits: $696 million (six-month rolling average), is up nine per cent compared to last year.
• Multi-unit residential permits (measured as the number of apartment units on a six-month rolling average): 3,851, up 10 per cent compared to last year.
• Multi-unit residential construction starts (includes apartment and other unit types, on a six-month rolling average): 40,822, an increase of 11 per cent over the last year.
• C.’s rank in labour productivity across Canada is five.
• Share of multi-unit residential construction investment across Canada is 19 per cent and ranked third in the country.
• Estimated building investment in B.C. for Q2 was $9.7 billion, ranked fourth across Canada.
• Cost of construction in B.C. is ranked the fourth highest.
• Number of tower cranes currently erected across is 350.
• 267,400 people rely directly on B.C.’s construction industry for a paycheque, an increase of 10 per cent since last year.
• Number of workers in trades jobs: 191,200, up 14 per cent since last year.
• The number of women in construction trades is 10,134 (5.3 per cent), an increase of approximately 600 women over the past year.
• Number of construction companies in B.C.: 28,225, an increase of over 160 companies over the past year.
• The average yearly wage of B.C. construction employees is $83,667, an increase of 16 per cent over the past year and 41 per cent over the past five years.
• Current job vacancies in B.C. construction: 7,310, a decrease of 37 per cent over the last year.

For more information on the stat pack, visit .