Reconstruction costs across Canada continue to evolve, shaped by a mix of labour market pressures, inflation, extreme weather events, and tariff speculation. These shifts are creating new challenges for insurers, underwriters, and property professionals who rely on accurate valuations to manage risk and maintain portfolio integrity.
Verisk Canada's Q3 2025 Reconstruction Cost Analysis offers a national and provincial snapshot of trends from September 2024 to September 2025, providing timely insights into the changing cost landscape. As rebuild costs rise and market sentiment fluctuates, the importance of current, localized data has never been greater. This report is designed to support confident decision-making in an environment where volatility is becoming the norm.