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The real estate developer employs over 2,000 people and announced yearly revenues of over $4.4 billion and over 8,200 home sales in 2021. Homebuilders throughout Canada are honoured with the prestigious awards for scoring highest with their customers on homebuying experience surveys. Award winners are chosen based on results received from some of the largest publicly traded builders, Canada’s largest private builders, and hundreds of small volume and custom builders from coast to coast. This year’s program had 571 qualifying builders from all over the United States and Canada and covers homebuyer data from January to December 2019. Homebuilders throughout North America were honoured with the prestigious awards for scoring highest with their customers on homebuying experience surveys.
Pomerleau Incorporated’s projects today include the redevelopment of Lansdowne Park in Ottawa and the construction of the Videotron Centre in Quebec City. EllisDon is a Mississauga-based, employee-owned construction company with offices around the world . Along the way, Gilgan—who has an estimated net worth of US$4 billion, according to Forbes—has emerged as one of Canada’s most generous philanthropists. In June 2019, he donated $100 million to Toronto’s Hospital for Sick Children, which will go toward building a new patient care tower—one of many such gifts he’s made.
A closer look at the top 10 construction companies in Canada
In order to determine the Avid Award winners, homebuilding companies are evaluated using Avid's award-winning GoSurvey platform. Concord Pacific was founded in the mid-1980s by Terry Hui who leveraged his family's success in the Hong Kong business world to create one of Canada's largest real estate companies. Concord Pacific is based in Vancouver but has real estate projects across Canada and the rest of the world. The company calls their thriving communities "skyline defining" and has constructed over 150 residential and mixed-use properties with over 50 more in various development stages. Top 10 home builders in Canada are worth looking into if you’re looking to buy a new house.
We concentrated on home builders with a solid track record and who have been in operation for a long time. We also looked at businesses that provide various services, including financing, design, and building. Finally, when making our decisions, we considered customer satisfaction statistics. Each of these top real estate companies has built thousands of homes and commercial real estate properties in Canada and takes in hundreds of millions of dollars in revenue every year. For each real estate developer featured, we will tell you a bit about their history, their current work, and some notable, recent, and upcoming developments. Where applicable, we will also tell you a bit about each group's sustainability initiatives which are a big concern for the top real estate companies today.
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Top construction companies in Toronto, ON, if you’re unsure where to begin your search. However, you can be sure that these businesses will offer high-quality material regardless of your budget. The construction industry has grown rapidly since the post-war era, pushing through setbacks like the Great Recession and COVID-19.
The largest construction companies in Canada serve as testaments to the growth of the domestic market, which was valued at $325.1 billion in 2021, exceeding estimates of growth to $304.6 billion by 2023. Builders with the highest scores in their nation on the New Home Move-In Experience Survey, taken from purchasing experience to the first 90 days of ownership, are recognized with this award. The US and Canada are eligible for one award each for Production, Custom, and Small Volume builder categories. “Miracon Development Inc. is honoured to be recognized as the 2019 recipient of the Avid Diamond Award for Highest Customer Ratings in Canada.
#5. Kiewit Canada Group Incorporated
Avid also distinguishes top building companies on a regional level with the Avid Gold Awards. This award is presented to builders with the highest scores in their region on the New Home Move-In Experience survey, taken from purchasing experience to the first 90 days of ownership. Find Canadian homes for sale with comprehensive property descriptions, including recent upgrades, square footage, year built, heating and cooling systems, commute time, Zillow 3D Home tours and more. Use our website and mobile app to search, save and share listings — from home, work or on the go.
Its estimated 2021 revenue of $3,005,000,000 also makes it one of the largest construction companies operating in Canada. Check out our list of the 40 largest construction companies in Canada, based on revenue in 2021, as determined by annual research from On-Site. We’ll also take a closer look at the top 10 construction companies in Canada to understand what makes them so prominent in the industry.
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"Homebuilder Donates $100 Million to Build New Tower at Toronto's SickKids". In 2013, Gilgan donated $40 million to the development of The Hospital for Sick Children Centre for Research and Learning. The money was used to create the Mattamy Athletic Centre on the upper level of Maple Leaf Gardens. Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox. Each day, our editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.
Candue has been a custom home builder in the Grey-Bruce, Wellington, Dufferin and Georgian Bay areas for 20 years. Candue is a certified Energy Star Builder in excellent standing with Tarion and all homes are guaranteed by the New Home Buyers Program. In 2022, Gilgan donated $105 million to Trillium Health Partners to build the "Peter Gilgan Mississauga Hospital" and to expand the existing Queensway Health Centre. The donation was the largest donation to a hospital in Canadian history. In 2019, Gilgan donated $100 million to The Hospital for Sick Children in Toronto, making Gilgan the largest health care benefactor in Canada at the time. In 2015, Gilgan donated $5-million to Parks Foundation Calgary to be used for the development of a 138-kilometre ring of paved pathways around the city.
Avid Ratings Canada is the leading resource for building quality in the world. Avid Ratings was named a Top 5 Sales Tool by BUILDER magazine, a Brilliance Award recipient by TecHome Builder, and also featured as a Top Product by Constructech Magazine. Tridel was founded in 1934, making it the oldest real estate company on this list.
This ratio is a rough indication of a firm’s ability to service its current obligations. Generally, the higher the current ratio, the greater the "cushion" between current obligations and a firm’s ability to pay them. The general rule of thumb when dealing with developers and home builders is to be flexible if you want to get the best possible home.
Canada’s long-run average is for about 200,000 new homes to be built every year, so the current pace is well ahead of that. The six month average now sits at 204,376 as of July, up from 199,778 in June. October numbers indicate a slim rise in national building construction investment, with most gains coming from Ontario. Construction firm Ledcor Group of Companies is an employee-owned business with primary operations in Canada and the US. William Lede created it in 1947, and it today employs about 6,000 people. The Canadian construction industry in the last decade has seen significant innovation, making use of 3D models, AI, and drones to reduce waste and increase productivity.
Many of the most well-known residences in Canada were constructed by Gulzar Investments Home Builders, a reputable authority in the homebuilding sector. Bird Construction Incorporated employs more than 1,500 workers and saw an estimated $2,220,026,000 in revenue for 2021. The company grew rapidly throughout the rest of the decade, with revenue jumping from just $18,000 in 1964 to $1.6 million by 1969. Just as staggering is the company’s historical provenance, with noteworthy projects including the CN Tower, Gardiner Expressway, and Montreal-Trudeau International Airport. The giant’s notable work includes major upgrades to the famous Art Gallery of Ontario and the construction of Brampton Civic Hospital in partnership with a consortium of other firms.
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