December Construction Investment Improves in Canada

Canadian building construction investment increased 0.3% from November 2023 to $19.8 billion (CAD) in December, with residential construction spending growing 0.3% to $13.8 billion. Seasonally adjusted single-family construction spending was 1.0% lower than November at $6.5 billion. Multi-unit levels were up 1.6% to $7.3 billion in December. Non-residential totals were $6.1 billion, 0.3% higher than November. See Statistics Canada

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