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Commercial Building Construction in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON23622aCA

Commercial Building Construction in Ontario industry analysis

Revenue for the Commercial Building Construction industry in Ontario is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has increased an annualized x.x% to x,xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x% to $x.x billion.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to x,xxx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x billion.

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About the Commercial Building Construction in Ontario Market Research Report

What’s Included in the Commercial Building Construction in Ontario Market Research Report

Definition of the Commercial Building Construction in Ontario?

This industry constructs office, retail, hotel and entertainment buildings. Operators in this industry are responsible for new constructions, additions, alterations, maintenance and repairs. The majority of participants are general contractors or project managers. This industry does not include municipal building construction, which comprises institutional buildings such as schools, hospitals and churches.

What’s included in the Commercial Building Construction in Ontario?

The Commercial Building Construction in Ontario includes office building construction, hotel and motel construction, restaurant, cafe and bar construction, retail store construction, shopping centre or shopping mall construction, commercial warehouse construction, service and gas station construction, auto service and sales store construction, entertainment and recreation building construction (e.g. casinos, gyms, cinemas and arenas) and radio and tv broadcast studio construction. Related terms covered in the Commercial Building Construction in Ontario industry report includes also called a prime contractor. an individual or company that manages the construction of a structure for a property owner or developer. a gc may retain a labour force or use subcontractors, the use of computer technology to aid the design and drafting of a part or product using software tools that can create two-dimensional drawings or three-dimensional models and a written offer or bid to contract goods or services at a specified cost or rate.

Industry Performance of the Commercial Building Construction industry in Ontario

Benchmark the Commercial Building Construction in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Commercial Building Construction in Ontario

#1 in Highest Revenue 40.6% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Commercial Building Construction in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Commercial Building Construction industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, consumer spending, corporate profit and value of nonresidential construction are impacting Commercial Building Construction in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Consumer spending
Corporate profit
Value of nonresidential construction

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Commercial Building Construction industry in Ontario

Access proprietary data on Census Metropolitan Area in the Commercial Building Construction in Ontario, such as Toronto, Ottawa - Gatineau and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Commercial Building Construction industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Commercial Building Construction industry in Ontario in 2025?

The market size of the Commercial Building Construction industry in Ontario is $16.3bn in 2025.

How many businesses are there in the Commercial Building Construction industry in Ontario in 2025?

There are 3,769 businesses in the Commercial Building Construction industry in Ontario, which has been growing at an average annual rate of 1.7% from 2020 to 2025.

Has the Commercial Building Construction industry in Ontario grown or declined over the past 5 years?

The market size of the Commercial Building Construction industry in Ontario has been growing at an average annual rate of 0.8% from 2020 to 2025.

How many employees in the Commercial Building Construction industry in Ontario in 2025?

There are 27,372 employees in the Commercial Building Construction industry in Ontario, which has been growing at an average annual rate of 4.9% from 2020 to 2025.