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February 15, 2024 Investment in building construction edged higher, 0.3% month over month to $19.8 billion in December. The residential sector grew 0.3% to $13.8 billion, and investment in the non-residential sector rose 0.3% to $6.1 billion. On a constant dollar basis (2017=100), investment in building construction was unchanged (+0.0%; +$5 million) at $12.2 billion in December. Residential investment edges higher Investment…

January 25, 2024 Electrician Job Vacancies A report from Statistics Canada illustrates the electrician labour shortage in Canada, although the data looks at 2021 and 2022, it provides insight into where the industry is at with job vacancies for qualified electricians. For the thrid quarter of 2022, there were 5,275 job vacancies for construction electricians,…

January 26, 2024 The total monthly value of building permits in Canada decreased 3.9% from October to $10.9 billion in November, with declines posted across almost all building type components. On a constant dollar basis (2017=100), the total value of building permits declined 3.9% to $6.8 billion in November. Overall modest declines in residential sector Despite eight provinces with…

January 26, 2024 Investment in building construction rose 1.7% to $19.8 billion in November. The residential sector grew 2.2% to $13.7 billion, while investment in the non-residential sector edged up 0.4% to $6.0 billion. On a constant dollar basis (2017=100), investment in building construction increased by 1.3% to $12.3 billion in November. Investment in the residential sector rises Investment in residential building construction…