OTTAWA — Statistics Canada has reported that investment in building construction edged up 0.2 per cent to $21 billion in August, after a 1.6-per-cent decrease in July.
On a constant dollar basis, investment in building construction was virtually unchanged at $12.8 billion in August compared with the previous month, but grew 4.2 per cent year- over-year. Single-family home investment edged up 0.1 per cent to $6.7 billion in August, following a decline of 2.2 per cent in July. Monthly declines in five provinces, led by Ontario , were offset by gains observed in the remaining provinces and the three territories.
Investment in non-residential construction reached $6.4 billion in August, setting a record high level for the sector.
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