In light of Canada’s cooling construction market, materials costs have stabilized after years of price spikes, but they are stabilizing at high levels.
Costs generally are remaining at historically high levels, says Scott Beattie, senior cost consultant at Marshall & Murray, London, Ontario. “In looking at school projects, for example, square-footage costs are still coming in higher than two or three years ago,” he says. “It is the same in health-care work.”