Want to know the impact of escalation on a project’s construction cost?
Our Escalation Calculator allows you to see how changes in labour and material cost for non-residential construction have impacted a project’s cost in a given location based on census data surveyed by Statistics Canada.
Choose from 11 census metropolitan areas, 7 going back as far as 1981 and 4 additional cities(*) added in 2017
Escalation & Calculator Tool
Сity*
Original Cost
Escalate from:
Index
To:
Escalated Cost:
Using non-residential construction indices from Statistics Canada is a great starting point in assessing the impacts of time on construction costs but 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 practice and market over time in a given location. Hanscomb’s team of professionals can help.