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April 19, 2023 Investment in building construction went up 1.0% to $20.6 billion in February, with all components posting gains. The residential sector rose 1.1% to $15.0 billion, while the non-residential sector was up 0.8% to $5.6 billion. On a constant dollar basis (2012=100), investment in building construction increased 0.2% to $11.9 billion. Investment in residential building advanced 1.1% to $15.0 billion in February, with…

The total value of building permits in Canada advanced 8.6% to $10.7 billion in February, indicating robust intentions for both the residential (+7.9% to $6.6 billion) and non-residential (+9.8% to $4.2 billion) sectors.