Canada’s residential construction sector showed renewed strength in February 2026, as housing starts rose to 250.9K, up from 240.1K recorded in January 2026. The latest data, updated on 16 March 2026, signals continued resilience in homebuilding activity despite broader economic uncertainties.
The increase suggests that developers remain active in breaking ground on new projects, potentially reflecting persistent housing demand and efforts to address supply constraints in key markets. With February’s gain building on January’s solid performance, the construction pipeline appears to be expanding as the country moves further into 2026.
Market participants will be watching upcoming releases to see whether this upward trend in housing starts can be sustained, and how it might influence housing affordability, rental markets, and the broader economic outlook in Canada.