OTTAWA ― Investment in building construction increased 1.4% in August to $15.5 billion, StatCan reports, with gains in both the residential and non-residential sectors. On a constant dollar basis, investment in building construction increased 1.2% to $13 billion. Investment in residential building construction was up 1.8% in August to $10.6 billion. The multi-unit component edged up 0.4% to $5.3 billion, led by a $129.2 million increase in Ontario. Investment in single-unit construction increased 3.2% to $5.4 billion, slightly exceeding multi-unit residential investment. This was partly due to gains of $94 million in Ontario and $47.5 million in Alberta.
Construction spending edges up in August
Most Recent
Most Read
Trump threatens 35 percent tariffs on Canadian goods
Fri, July 11th, 2025
Westcap acquires Darmac Framing Systems through portfolio company
Fri, July 11th, 2025
Richelieu posts Q2 financials
Fri, July 11th, 2025
RONA unveils 2024 sustainable activities
Thu, July 10th, 2025
Throwback Thursday: 25 years ago Canadian Tire launched its "Radio Days" summer promotion
Thu, July 10th, 2025
RONA Foundation supports Canadian non-profits
Wed, July 09th, 2025
Dealer News looks at Hardlines Conference, Home Depot acquisition
Wed, July 09th, 2025
BMR and Pierre Naud continue Quebec expansion
Tue, July 08th, 2025
RONA raises $365,000 for the Fondation Charles-Bruneau
Tue, July 08th, 2025
Trex releases 2024 sustainability report
Mon, July 07th, 2025