Statistics Canada reports modest rise in machinery rental price index for Q4 2024

Statistics Canada released data showing a modest rise in the price index for commercial and industrial machinery and equipment rental and leasing services in Canada during the fourth quarter of 2024. The overall index for the sector, measured with 2020 as the base year, was 112.2, up from 110.0 in the previous quarter. The report lists the construction, transportation, mining and forestry equipment rental and leasing index at 113.2 and the office and other machinery rental index at 108.3. The table also shows the quarterly percentage change, with the overall sector gaining 2.9% from Q4 2024 to Q4 2025. Construction equipment increased 3.0% in the same period. These figures are part of Statistics Canada’s quarterly price index series. The data, identified under NAICS code 5324, appears in Table 18-10-0279-02 of Statistics Canada’s price index series.

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