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Office construction activity

Edmonton office construction activity.

$489.7M of work was put in place on office buildings in the 12 months to July 2026, down 1.9% on the year before. 72% of it was renovation.

Office construction put in place$489.7M
Against the 12 months before-1.9%
Renovation share72%
Office building permits168
Office permit value$209.9M
Homes from conversions41

Statistics Canada flags one monthly value behind these figures as “use with caution” (Apr 2026).

New construction and renovation, by year

Office construction put in place, calendar years with every month published.

RenovationNew constructionOther work$0$200M$400M$600M2017, Renovation: $305M2017, New construction: $232M2017, Other work: $10M$548M20172018, Renovation: $317M2018, New construction: $151M2018, Other work: $22M$489M20182019, Renovation: $419M2019, New construction: $141M2019, Other work: $31M$590M20192020, Renovation: $315M2020, New construction: $158M2020, Other work: $21M$494M20202021, Renovation: $219M2021, New construction: $125M2021, Other work: $14M$359M20212022, Renovation: $221M2022, New construction: $107M2022, Other work: $17M$345M20222023, Renovation: $177M2023, New construction: $111M2023, Other work: $32M$320M20232024, Renovation: $232M2024, New construction: $175M2024, Other work: $45M$452M20242025, Renovation: $316M2025, New construction: $117M2025, Other work: $56M$488M2025

Renovation was 72% of office construction in Edmonton over the 12 months to July 2026, against 66% nationally. Renovation was the majority of the work in every year of the series. Its share ranged from 51% in 2024 to 71% in 2019. Most office construction here happens inside buildings that already stand, which is why fit-out trades set the pace of this market.

Office building permits

Value and count of permits for office buildings, by calendar year.

YearPermit valuePermitsNew construction valueImprovements value
2018$328.7M190$78.7M$250.0M
2019$283.8M176$96.9M$186.9M
2020$147.1M142$49.5M$97.6M
2021$190.7M141$69.9M$120.7M
2022$175.5M143$77.3M$98.2M
2023$194.5M116$88.2M$106.3M
2024$244.2M150$55.9M$188.3M
2025$259.8M163$57.4M$198.7M

Permit values are the applicant’s estimate of the work authorised. Totals include a small amount of work converting other buildings into office use.

Buildings converted to homes

Homes created by permits converting non-residential buildings to residential use, by calendar year.

02004002018: 41241220182019: 666620192020: 16116120202021: 4420212022: 343420222023: 262620232024: 989820242025: 37372025

41 homes across 9 permits in the 12 months to July 2026, with a combined permit value of $1.9M. This series counts every non-residential building type converted to residential use, not office buildings alone, so it bounds the removal of non-residential space rather than measuring office removals.

Price, not only volume

Why dollar values across years need care.

These are current dollars. The Edmonton office construction price index rose 42.9% from the first quarter of 2018 to Q2 2026, so the same scope of work now costs that much more. A year with more dollars of office construction is not necessarily a year with more work.

Monthly detail

The latest 24 months, newest first. Recent months are revised on each release.

24 months
MonthPut in placeNew constructionRenovationOffice permit valueHomes from conversions
Jul 2026$40.7M$8.4M$30.8M$11.8M0
Jun 2026$41.2M$8.1M$31.4M$15.4M0
May 2026$41.5M$8.5M$31.0M$17.0M0
Apr 2026$41.9M$8.8M$31.0M$14.2M1
Mar 2026$41.6M$8.7M$30.8M$10.3M3
Feb 2026$42.0M$8.4M$31.0M$10.5M34
Jan 2026$40.7M$8.7M$29.4M$37.1M2
Dec 2025$40.0M$8.2M$28.8M$31.1M1
Nov 2025$39.1M$8.5M$27.4M$34.7M0
Oct 2025$39.1M$8.7M$26.6M$13.6M0
Sep 2025$40.0M$8.9M$26.8M$11.7M0
Aug 2025$42.0M$9.4M$28.0M$2.4M0
Jul 2025$40.7M$7.8M$28.1M$49.9M33
Jun 2025$42.2M$8.6M$28.5M$6.9M0
May 2025$41.3M$9.5M$26.6M$24.0M0
Apr 2025$40.0M$10.5M$24.3M$24.7M0
Mar 2025$41.1M$11.4M$24.4M$5.7M1
Feb 2025$41.0M$12.2M$23.2M$36.9M2
Jan 2025$42.0M$12.8M$23.3M$18.2M0
Dec 2024$42.5M$13.6M$23.0M$7.8M90
Nov 2024$41.7M$14.4M$21.3M$15.1M0
Oct 2024$42.8M$15.2M$21.6M$8.9M0
Sep 2024$42.4M$15.7M$20.9M$34.2M0
Aug 2024$41.6M$16.0M$20.3M$23.0M1

Questions

Scope of these figures.

How much office construction is happening in Edmonton?

Statistics Canada estimates $489.7M of work was put in place on office buildings in the Edmonton metropolitan area in the 12 months to July 2026, down 1.9% on the 12 months before. 72% of it was renovation of existing buildings. That ranks Edmonton 5th of 42 metropolitan areas.

How many office building permits were issued in Edmonton?

168 in the 12 months to July 2026, with a combined value of $209.9M. 18 of them were for new construction.

Are buildings in Edmonton being converted to homes?

Permits converting non-residential buildings to residential use created 41 homes in Edmonton in the 12 months to July 2026, across 9 permits. Statistics Canada does not separate office buildings from other non-residential types in this series.

Is the rise in value real or just price?

Partly price. The office construction price index for Edmonton rose 42.9% from the first quarter of 2018 to Q2 2026, so the same work costs that much more in current dollars. Compare dollar values across years with that in mind.

What is the difference between permits and investment?

A building permit records work being authorised, valued by the applicant when the permit is issued. Investment is Statistics Canada’s estimate of the value of work actually put in place each month, spread over the time a project takes to build. Permits lead; investment follows. A large permit can appear in one month and its investment over the following year or two.

Sources: Statistics Canada, table 34-10-0293-01, Investment in Building Construction, released 2026-09-21; and table 34-10-0292-01, Building permits, by type of structure and type of work, released 2026-09-16. Unadjusted, current dollars. Statistics Canada Open Licence.

Boundary: These are dollar values of construction activity in current dollars, not floor area, vacancy or absorption. A permit value is the applicant’s estimate of the work authorised; investment is Statistics Canada’s estimate of work put in place. Conversions to residential cover every non-residential building type, not office buildings alone. Values are not adjusted for construction price change.