Non-residential construction investment was down 0.5 per cent in the third quarter of 2016 compared to the previous three months.

Statistics Canada data shows that $12.5 billion was invested in the sector between July and September. The decline was the seventh consecutive quarterly of lower investment in commercial and industrial building construction, offsetting gains in infrastructure.

Alberta and BC posted the largest declines with Toronto, Calgary and Vancouver the metros easing the most. The largest gains in non-residential construction investment were in Quebec and Manitoba with Winnipeg the leading metro.
 

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate


More market watch: