Canadian Construction Investment Rises in April

Canadian building construction investment in April grew 6.3% from March to $19.9 billion (CAD). Residential construction increased 8.1% over March to $15.3 billion, while non-residential totals were up 0.9% to $4.6 billion in April. Single-family spending rose 8.9% to $8.6 billion in April, and multi-unit totals expanded 7.2% from March to $6.7 billion. See Statistics Canada