Investment in Canadian Building Construction Declines in October
Investment in building construction, October 2025
On Tuesday, Statistics Canada (StatCan) reported that total investment in building construction declined 0.5% to CA$22.3 billion in October. Year-over-year, investment rose 5.7%.
On a constant dollar basis (2023=100), total investment fell 0.6% to $20.6 billion in October but was up 2.3% from a year earlier.
Residential Construction
Residential investment decreased $125.8 million to $15.5 billion in October. Single-family construction fell 2.5%, while the multi-unit component posted a modest 0.6% increase.
Investment in single-family home construction declined $180.1 million to $7.0 billion. Multi-unit construction investment rose $54.4 million to $8.5 billion.
Nonresidential Construction
Nonresidential investment amounted to $6.8 billion in October, up $15.5 million. Institutional investment was $2.1 billion, up 0.3%. Commercial investment was $3.4 billion, up 0.3%. Industrial investment was $1.3 billion, down 0.1%.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.