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Construction costs for distribution systems increased by 0.9% during 2008. The increase in the materials component (+1.5%) in 2008 was the major contributor to this rise in the index. The 2007 data for distribution systems represented an advance of 4.5% over 2006.
The annual 2008 construction costs for the transmission line system series rose 3.7% compared with a 4.7% increase for 2007. The transmission line component in 2008 climbed 2.2%, while in 2007 there was a 3.9% annual gain. The substation component rose by 4.6% in 2008, following a 5.2% increase in 2007, with the station equipment sub-component (+3.7%) posting the largest gain.
Available on CANSIM: table 327-0011.
Definitions, data sources and methods: survey number 2316.
The fourth quarter 2008 issue of Capital Expenditure Price Statistics (62-007-XWE, free) will soon be available.
For more information, or to enquire about the concepts, methods or data quality of this release, contact Client Services (toll-free 1-866-230-2248; 613-951-9606; fax: 613-951-3117; prices-prix@statcan.gc.ca) or Adrian Fisher (613-951-9612; adrian.fisher@statcan.gc.ca), Producer Prices Division.