According to Statistics Canada, month-on-month investment in building construction fell 0.3 percent to $23.4 billion in May. Investments in the residential sector decreased by 0.5% in May, while investments in the non-residential sector increased by 0.2%..
Investments in the construction of residential buildings decreased by 83.0 million US dollars to 16.2 billion US dollars in мае.
At the national level, investments in detached single-family homes increased by 0.2%. The cost of housing in May decreased by $ 140.7 million to $ 7.4 billion. Losses in New Brunswick (-36.5 million dollars) and Quebec (-36.4 million dollars) led to a national recession, which was supported by declines in six other provinces and two territories.
Investments in the non-residential sector increased by $16.1 million to $7.1 billion in May. Investments in the institutional component decreased by 0.1 percent to $2.2 billion, the industrial component increased by 1.8 percent to $1.5 billion, and the commercial component decreased by 0.2 percent to $3.5 billion.
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