Canadian Construction Investment Up in January

January Canadian building construction investment increased 1.8% from December 2024 and 5.7% year-over-year to $22.1 billion (CAD). Residential construction spending rose 2.3% to $15.4 billion in January. Seasonally adjusted single-family investment was 2.1% lower than December at $7.2 billion, while multi-unit levels grew 6.5% to $8.2 billion in January. Non-residential totals were $6.7 billion, a 0.8% gain from December. See Statistics Canada