Canadian Construction Investment Up in August

Total investment in Canadian building construction in August was $16.0 billion (CAD), rising 5.0% from July. Residential construction was 8.2% higher than July at $10.8 billion, and non-residential totals were 1.2% lower in August at $5.2 billion. Single-family spending gained 5.4% to $5.4 billion in August and multi-unit investment grew 11.2% to $5.4 billion compared to July. See Statistics Canada