Stats Canada: Investment in non-residential building construction, Q2 2017
Investment in non-residential building construction totalled $12.4 billion in the second quarter, up 0.3% from the previous quarter. This increase follows three consecutive declines. Nationally, the gain was the result of an increase in spending on the construction of industrial and commercial buildings. The institutional component declined for a second consecutive quarter.
Overall, six provinces posted increases in the second quarter, with Ontario reporting the largest upturn, followed by British Columbia and New Brunswick. In British Columbia, the gain in non-residential construction was mainly the result of higher spending on commercial buildings.
Census metropolitan areas
Among the 36 census metropolitan areas (CMAs), 21 saw increased investment in non-residential building construction in the second quarter. Toronto recorded the largest rise, followed by Montréal and Vancouver.
Investment in industrial projects increased 1.7% to $1.75 billion in the second quarter. At the national level, the increase was attributable to higher investment in the construction of plants for manufacturing and, to a lesser extent, construction of farm buildings and utilities buildings.
Increases were reported in six provinces, with Ontario contributing the most to the overall increase, followed by Alberta.
Spending on commercial buildings increased by 0.4% to $7.2 billion in the second quarter, led by office building and retail building construction.
In the institutional component, investment fell 0.7% to $3.4 billion in the second quarter. The national decrease was due to a decline in most institutional building types, which more than offset increased spending on educational buildings.
Declines in investment in institutional projects were recorded in five provinces, with Alberta posting the largest drop.
Investment in Non-Residential Building Construction by Building Type
Investment in Non-Residential Building Construction by CMA
Read the full report and download the PDF here: http://www.statcan.gc.ca/daily-quotidien/170717/dq170717b-eng.htm?HPA=1
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