Construction Investment Weakens in Canada

Canadian building construction investment in March decreased 1.3% from February to $20.3 billion (CAD). Residential construction spending dropped 2.1% from February to $14.6 billion. Seasonally adjusted single-family construction spending dipped 1.8% to $7.9 billion. Multi-unit levels were down 2.4% to $6.7 billion in March. Non-residential totals were 0.9% higher in March at $5.7 billion. See Statistics Canada