Table 4
Capital spending in Canada, 2011 intentions, by scenario

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Capital spending in Canada, 2011 intentions, by scenario
  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
1.
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.