Home construction spending up in October

OTTAWA — Total investment in building construction edged down 0.4 percent to $15.2 billion in October, StatCan reports, following a 1.5 percent decrease in September. In the residential sector, however, construction spending rose for the sixth straight month, edging up by 0.7 percent. Single-unit construction investment led the growth, increasing 3.7 percent to $5.5 billion with every province reporting gains except for Prince Edward Island. Ontario (+3.3 percent) and Saskatchewan (+27.7 percent) accounted for the majority of the increase.