Canada’s construction industry contracted by 📉 1.8% in 2024 due to rising costs and slow permit approvals. The residential sector was hit hardest—single dwelling construction declined by 🏠 4.4% year-over-year from January to September 2024, following a 17.3% drop in 2023. Building permits dipped another 0.7% (TheConstructionCanada)
🔎 The slowdown continues into 2025:
- 📉 Building permit values fell by 5.9% in November 2024, further tightening the pipeline of new construction (Pakira).
- 🚨 Housing starts declined 13% in December 2024, reflecting deeper struggles in launching new projects (Reuters, 2024).
With fewer projects breaking ground and costs climbing, construction companies need smarter, more efficient ways to stay competitive, control expenses, and optimize resources. The right technology can help.
🏆 How Remutate Keeps Construction Moving Forward
✅ Streamlined Project Management
Delays are costly. Our solutions help teams eliminate inefficiencies, track real-time progress, and keep projects on schedule—without unnecessary complexity.
With material and labour costs rising, staying within budget is critical. Our software enables real-time expense tracking, better procurement strategies, and fewer overruns.
The construction industry is evolving. Companies that adopt practical, efficient solutions will be the ones leading the way.
📞 Let’s talk about how Remutate can help you build smarter. Contact us today or book a demo to see how our solutions fit your business. 🚀