Construction Investment Strengthens in Canada

Canadian building construction investment in February grew 1% from January to $20.6 billion (CAD). Residential construction spending increased 1.1% from January to $15 billion. Seasonally adjusted single-family construction spending rose 1.3% to $8.1 billion. Multi-unit levels were up 0.8% to $6.9 billion in February. Non-residential totals were 0.8% higher in February at $5.6 billion. See Statistics Canada