Want to know the impact of escalation on a project’s construction cost?
Our Escalation Calculators allow you to see how changes in labour and material cost for non-residential and residential construction have impacted a project’s cost in a given location based on census data surveyed by Statistics Canada.
Choose from 15 census metropolitan areas(*), some going back as far as 1981.
Сity*
Original Cost
Escalate from:
Index
To:
Escalated Cost:
Using non-residential and residential construction indices from Statistics Canada is a great starting point in assessing the impacts of time on construction costs, but it is only one piece of the puzzle.
To truly assess the impact of time on a project, you must also consider changes in code, standards, best practices and market over time in a given location. Hanscomb’s team of professionals can help.
Сity*
Original Cost
Escalate from:
Index
To:
Escalated Cost:
Using non-residential and residential construction indices from Statistics Canada is a great starting point in assessing the impacts of time on construction costs, but it is only one piece of the puzzle.
To truly assess the impact of time on a project, you must also consider changes in code, standards, best practices and market over time in a given location. Hanscomb’s team of professionals can help.