Source: Statistics Canada
Rising construction prices contributed to a 0.9% increase in current dollars in investment in non-residential building construction in Canada in the second quarter of 2008.
Canadian investment reached $10.5 billion between April and June as the increase was led by spending on medical facilities and office buildings.
However, after taking into account higher construction prices, investment in non-residential construction declined 3.7% in 2002 constant dollars.
Investment increased in all three components from the first quarter. In the commercial component, it rose 0.8% to $6.5 billion. In the industrial component, it went up 1.6% …
Canada: Nonresidential Investment Up 0.8% in 2Q
Source: Statistics Canada
Rising construction prices contributed to a 0.9% increase in current dollars in investment in non-residential building construction in Canada in the second quarter of 2008.
Canadian investment reached $10.5 billion between April and June as the increase was led by spending on medical facilities and office buildings.
However, after taking into account higher construction prices, investment in non-residential construction declined 3.7% in 2002 constant dollars.
Investment increased in all three components from the first quarter. In the commercial component, it rose 0.8% to $6.5 billion. In the industrial component, it went up 1.6% …
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