Investment in Canadian Building Construction Increases in April
Investment in building construction, April 2026
On Monday, Statistics Canada (StatCan) reported that total investment in building construction increased 2.3%, or CA$540.8 million, to $23.6 billion in April. Year-over-year, investment was up 7.8%.
On a constant dollar basis (2023=100), total investment rose 2.2% from the previous month to $21.5 billion and was up 4.5% year-over-year.
Residential Construction
Residential investment totaled $16.5 billion in April, up $491.9 million. Multi-unit investment rose $338.8 million to $8.8 billion, while single-family investment increased $153.1 million to $7.7 billion.
Nonresidential Construction
Nonresidential investment amounted to $7.1 billion in April, up $49.0 million. Industrial investment grew $48.8 million to $1.4 billion, commercial investment edged up $4.1 million to $3.5 billion, and institutional investment edged down $3.9 million to $2.2 billion.
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