Investment in Canadian Building Construction Declines in February
Investment in building construction, February 2026
On Monday, Statistics Canada (StatCan) reported that total investment in building construction was CA$23.0 billion in February, a decline of 2.1%. Year-over-year, investment was up 1.8%.
On a constant dollar basis (2023=100), total investment was $21.1 billion in February, down 2.3% month-over-month and 1.5% from a year earlier.
Residential Construction
Residential investment totaled $16.0 billion in February, down $552.3 million. Multi-unit investment was $8.5 billion, down $630.0 million. Single-family investment was $7.4 billion, up $77.7 million.
Nonresidential Construction
Nonresidential investment amounted to $7.0 billion in February, up $49.1 million. Institutional investment was $2.2 billion, up $20.2 million. Commercial investment was $3.6 billion, up $19.9 million. Industrial investment was $1.3 billion, up $9.0 million.
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