Table 4
Capital spending in Canada, 2012 intentions, by scenario

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Capital spending in Canada, 2012 intentions, by scenario

Table summary
This table displays the results of capital spending in canada low scenario, medium scenario and high scenario, calculated using millions of dollars units of measure (appearing as column headers).
  Low scenario Medium scenario High scenario
  millions of dollars
New housing investmentNote 1 38,210.8 42,528.4 46,293.0
Total housing (residential investment) 95,318.4 100,508.8 105,034.8
Total construction (residential and non-residential construction) 276,503.4 281,693.8 286,219.8
Total: Construction and machinery and equipment 388,921.8 394,112.2 398,638.2
Note 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.