Table 4
Capital spending in Canada, 2011 intentions, by scenario
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Low scenario | Medium scenario | High scenario | |
---|---|---|---|
$ millions | |||
New housing investment1 | 36,160.2 | 39,612.0 | 42,245.0 |
Total housing (residential investment) | 90,531.6 | 94,689.2 | 97,862.6 |
Total construction (residential and non-residential construction) | 236,399.3 | 240,557.0 | 243,730.3 |
Total, construction and machinery and equipment | 344,937.4 | 349,095.1 | 352,268.4 |
The Canada Mortgage and Housing Corporation forecasts new housing starts under high, medium and low scenarios. These scenarios are used in the estimation of the values for new housing, a key component of the overall housing forecast estimates.
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