Construction Investment Strengthens in Canada

Canadian building construction investment in August grew 1.1% from July to $17.9 billion (CAD). Residential construction spending increased 1.6% to $11.9 billion in August. Seasonally adjusted single-family construction spending was 2.4% higher than July at $5.9 billion. Multi-unit levels rose 0.9% to $6.0 billion in August. Non-residential totals improved 0.1% to $5.9 billion. See Statistics Canada