New proposed tariffs on Canadian cement and concrete will likely increase costs to produce housing and infrastructure. 

New tariffs on Canadian imports could significantly increase the cost of cement and concrete used in highways, bridges, foundations, multifamily developments, and other major construction projects. Contractors may face outdated cost estimates, higher bids, project delays, reduced scopes, and disputes over whether owners or builders are responsible for unexpected price increases.

Rising material prices add further pressure to an industry already managing elevated construction costs and economic uncertainty. Higher costs for concrete, cement, and other building materials make affordable housing more expensive to build, widening financing gaps and making it harder for projects to move forward without additional public subsidies or other financial support. Contractors are increasingly considering shorter pricing windows and stronger contract provisions to manage the risk of future cost increases.

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At the 2026 MACo Summer Conference general session, “From Need to New Units: Financing Affordable Housing Development,” panelists will explore the challenges of funding affordable housing development, from rental projects and starter homes to tools that help first-time homebuyers enter the market.