Canadian Construction Investment Increases in April

Canadian building construction investment in April was up 2.7% from March to $20.9 billion (CAD). Residential construction spending grew 3.2% to $15.7 billion over March, and non-residential totals were 1.4% higher in April at $5.3 billion. Single-family spending rose 4.5% from March to $8.8 billion and multi-unit levels increased 1.5% to $6.9 billion in April. See Statistics Canada