2026 Construction Cost Update from BTY
Tuesday, May 5, 4:30 pm
Update: Correction to date for Tuesday.
Let's learn about emerging price conditions that hit our projects when most vulnerable, when we are building them.
Drawing on decades of leadership in Vancouver’s construction market, BTY will present its 2026 Construction Cost Update offering a timely perspective on where the region is heading. The session will explore how market conditions are stabilizing, where competitive pressures are easing pricing, and how moderated demand is reshaping cost dynamics across key trades.
Highlights include
- current labour and material trends
- the evolving influence of building codes and electrification
- what these changes mean for project planning in Metro Vancouver
Grounded in local insight and national experience, this update is designed to support more informed discussions around budgeting, risk, and investment decisions in the year ahead.
About the Presenters
Hannah Walpole, BTY
Director
Over 12 years industry experience, Hannah provides project management services to clients in the health care, education, commercial and culture sectors.
Wayne Procter, BTY
Director
Over 17 years industry experience, Wayne is expert in lenders services, project monitoring, payment certification and cost management for clients in the residential, purpose-built rental, commercial, retail and hospitality sectors.