August Canadian Construction Investment Up

Canadian building construction investment increased 0.2% from July to $21.0 billion (CAD) in August. Residential construction spending decreased 0.1% to $14.6 billion. Seasonally adjusted single-family investment was 0.1% higher than July at $6.7 billion, and multi-unit levels reduced 0.3% to $7.9 billion in August. Non-residential totals were $6.4 billion, a 1.3% improvement from July. See Statistics Canada