Investment in non-residential construction fell 0.8 per cent in the second quarter of 2015 to $12.8 billion, the second consecutive quarterly decline. Figures from Statistics Canada show that spending was reduced on commercial and industrial buildings. Quebec registered the largest decline, followed by Saskatchewan. In Quebec, the decrease was mostly a result of lower spending on institutional buildings, while in Saskatchewan the decline was attributable to all three components.
Ontario, British Columbia, Newfoundland and Labrador and Nova Scotia posted slight increases in the second quarter. Commercial building construction saw a 1.7 per cent decline in investment to $7.6 billion, industrial fell 2.4 per cent to $1.6 billion and institutional fell 1.8 per cent to $3.6 billion.
Ontario, British Columbia, Newfoundland and Labrador and Nova Scotia posted slight increases in the second quarter. Commercial building construction saw a 1.7 per cent decline in investment to $7.6 billion, industrial fell 2.4 per cent to $1.6 billion and institutional fell 1.8 per cent to $3.6 billion.
