Non-residential construction pace continues

By
Real Estate Sales Representative with Right At Home Realty Inc., Brokerage

For the first quarter of 2008, Ontario posted a 3.1% quarterly gain in non-residential construction (2nd only to Alberta) with investment rising to $3.8B.  Toronto and Hamilton led municipalities in investment growth (by dollar value) at $1.9B and $166M, respectively.  Investment in terms of components, provincially:

  • commercial/office up 1.9% to $2.2B (largely attributed to growth in retail and wholesale trade)
  • industrial up to $600M
  • institutional up 5.0% to $1.0B (mostly in health care facilities)

References:

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Ontario
Tags:
statscan
statistics
ici

Spam prevention
Rainer
18,909

Anthon Pang

Broker, e-PRO, SRES
Ask me a question
*
*
*
Spam prevention

Additional Information