Residential construction spending rises in July

OTTAWA — Total investment in building construction increased 1.8 percent to $15.1 billion in July, according to StatCan. Residential sector investment increased 4.9 percent to $9.9 billion, while non-residential investment decreased 3.7 percent to $5.3 billion. Construction activity has rebounded in the last few months, with investment in building construction remaining slightly lower than February 2020 levels, before COVID-19 construction restrictions were first put in place.