21 October 2010

Non-residential commercial investment Q3 2010

From Statistics Canada, the latest numbers of investment in non-residential building construction:

nonresident construction q3 2010

Total construction is up 22.6% from the second quarter and 17% year over year (Q3 2009 to Q3 2010).  Institutional is up almost 30% year over year reflecting the government’s capital spending. Commercial is up 27% from the previous quarter but only 3% year over year.