Construction spending up in March

Month over month, investment in building construction increased 4.5 percent to $20.4 billion in March, StatCan has announced. The residential sector rose 5.4 percent to $14.3 billion, while investment in the non-residential sector decreased 2.3 percent to $6.1 billion. Seven provinces logged increases in residential construction spending, led by Ontario and Quebec. Investment in detached single-family homes grew 6.5 percent to $7.3 billion in March, up for the eighth consecutive month.