Construction Investment Improves in Canada

Canadian building construction investment grew 2.7% from September to $19.4 billion (CAD) in October, with residential construction spending increasing 3.9% to $13.4 billion. Seasonally adjusted single-family construction spending was 3.1% higher than September at $6.5 billion. Multi-unit levels were up 4.6% to $6.9 billion in October. Non-residential totals were unchanged at $6.0 billion. See Statistics Canada

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