Canada Investment in Residential Construction

Canada Investment in Residential Construction

Spending on new Canadian housing construction was $4.2 billion in July, up 0.5 per cent from the same month a year earlier. according to Statistics Canada Tuesday.
Nationally, the gain came from higher investment in apartment and apartment-condominium building construction, which increased 17.5 per cent to $1.4 billion and also, to a less- er extent, in row house construction, which rose 6.3 per cent to $395 million.
At the provincial level, increases were recorded in three provinces, led by British Columbia, followed by Ontario and Nova Scotia.
The largest decreases were recorded in Quebec, Saskatchewan and Alberta.

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