17 NATIONAL BULLETIN | Issue 2, 2025 Another powerful driver is the rapid rise of data centres and the infrastructure required to support them. While much of the early momentum has been concentrated in the United States, Canada is experiencing similar growth. Herein, mechanical contractors are poised to play a role in bringing these facilities and related infrastructure (e.g., HVAC, power generation, energy- management systems) online. “This is a whole new industry that has basically come from out of nowhere,” says Carrick. There are additional tailwinds shaping Canada’s economic activity. The return- to-office movement, for example, is emerging as a measurable economic factor. As workers are encouraged to return to downtown areas, demand increases for commercial building operations, retrofits and energy optimization – areas where mechanical contractors play a critical role. Housing remains another structural driver. Canada’s population growth and persistent supply gap continue to underpin long-term construction demand. The Canada Mortgage and Housing Corporation (CMHC) estimates Canada will need substantially higher levels of housing construction to restore affordability, with various analyses pointing to a range of roughly 290,000 to 480,000 new homes per year through 2030. While Carrick acknowledges this target is unrealistic, “It tells you about the level of demand.” Energy Demand and the Long View If there is a unifying theme behind today’s economic drivers, it is the surging demand for clean, reliable energy. “The need for power – for electricity alone – there’s never been anything like that in history,” Carrick notes. This transition has far-reaching implications for mechanical contractors. Electrification of buildings, expansion of district energy systems, upgrades to industrial processes and integration of renewable and low-carbon technologies all rely heavily on mechanical expertise. Whether in health-care facilities, transit systems, industrial plants or commercial buildings, mechanical contractors are positioned at the centre of Canada’s energy transformation. Taken together, the year ahead appears likely to be driven by nation-building infrastructure, next-generation facilities and the foundational components of the energy transition. Each of these requires specialized mechanical skills, coordination and long-term planning. “As an industry, we have a lot to look forward to,” says Lancastle. “Governments at all levels are talking about build, build, build – and we, as mechanical contractors, are being recognized for the critical role this industry plays in the Canadian economy.” Carrick echoes that sentiment. “I don’t see that this can’t just be boom times for construction,” he says. Preparing for What Comes Next Certainties over Canada’s economic future are hard to come by. Going by today’s data and the industry activity on approach, it is safe to say that the industry remains strong and robust for those who can manage volatility, assess risk and plan strategically. “There’s going to be fluctuations,” Lancastle cautions. “That’s where we need to keep positioning ourselves accordingly – whether through contracts, supply chain arrangements or staying ahead of the curve on risk allocation.” “It may take some training and proactive investments,” he adds, “but you want to position yourself in such a way that when those challenges arise, you’re ready.” ©2025, Bradford White Corporation. All rights reserved. BWBUL1225 INFINITI® GS & GR TANKLESS GAS WATER HEATERS • Robust stainless steel heat exchanger for longer life • Residential and commercial applications • Cascade and common venting between standard and recirculation models • Certified Green Product™ by the Green Restaurant Association Only One Tankless Is Built to be the Best®
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