Slideshow Frame

Our Latest Research


Escalation Watch First Quarter 2015

The mid-February 2015 Non-residential Building Construction Price Indices were released by Statistics Canada on May 12th. The second quarter indices for 2015 will be available mid-August.

The national composite index has risen again this quarter with a reported an increase of 0.3%.  Expressed year over year, the national composite index is up 1.2% over the same period in 2014 rising from 153.3 to 155.2.  These increases continue to be attributed to higher material prices.

Five of the seven census metropolitan areas surveyed reported quarterly increases, with Vancouver (0.9%) posting the largest increase, followed by Toronto (0.7%). Edmonton (-0.6%) and Calgary (-0.2%) reported the only decreases.

Year over year, the composite price index rose 1.2%. Of the seven cities surveyed, Toronto (2.1%) recorded the largest year-over-year increase, while Edmonton (-0.1%) recorded the lone decline compared with the first quarter of 2014.

It bears remembering that the indices prepared for Statistics Canada are intended only to track cost changes in a given city.  The index cannot be used to compare costs between cities. 

The source data used to prepare the charts in this newsletter is drawn from Statistics Canada’s Capital Expenditures Price Statistics publication – catalogue 62-007-XWE.  Specifically, we used the Non-residential Building Construction Price Indexes for the national composite and each surveyed city indicated on tables 7.2 through 7.9.  Readers are cautioned that Statistics Canada does, on occasion, restate indices from previous quarters. Individual city and national composite indices reported in this newsletter reflect these changes. Indices restated from the previous report are highlighted for ease of reference where appropriate.

More information about this and other construction related indices published by Statistics Canada are available on line at

More information about this and other construction related indices published by Statistics Canada are available on line at

- Susan Neil, PQS, MRICS
  Executive Vice President

Latest News

Craig Bye, Hanscomb Director and Principal of the Hamilton office, has been appointed Chair of the Canadian Institute of Quantity Surveyors (CIQS) for 2015/2016.  Over the past number of years Craig has invested a lot of hard work and personal time towards the advancement of the organization and our profession and is highly regarded by the Institute, its members and the industry.  Hanscomb would like congratulate Craig on this well-deserved appointment.
Statistics Canada's First Quarter Non-residential Construction Price Indices were released on May 12th. The Second Quarter Indices will be released mid-August.  Click here to download a copy of Hanscomb's Escalation Watch.  
Hanscomb Executive Vice President, Susan Neil addresses breaking the gender barrier in the construction industry in the Spring issue of Construction Economist. See it here.

Did you know we have more than 50 years of experience!

For nearly sixty years Hanscomb's team of experts has been providing clients with the tools they need to control costs and help ensure the successful completion of a wide variety of projects located throughout North America, the Middle East, and around the world.

By including Hanscomb's professionals, skilled in the fields of quantity surveying, scheduling, and project management , on your design team, you ensure that your team never loses sight of the bottom line.

With eight offices located from coast to coast across Canada and with four more located in three countries in the Middle East, Hanscomb has the local experience and the world wide presence to keep your project on track.

How to find us

We would be pleased assist you on your current or upcoming projects. For additional information regarding our firm and its experience in the construction industry or to obtain a fee quotation, contact any of our offices across Canada.

Click on the map below to find detailed information.