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Canadian Construction Investment Strengthens

Canadian new housing construction in October increased 4.9% to $5 billion over the same period in 2015.  Single-family construction represented almost 50% of residential construction spending for the month.  Apartment construction represented more than one-third of all spending.

Single family home construction increased 6% to $2.4 billion, while apartment building spending rose 2.1% in October to $1.8 billion.  See Statistics Canada

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