Infographic 2
Investment in non-residential building construction, February 2024

Infographic description

The title of the infographic is "Investment in non-residential building construction, February 2024"

The infographic includes multiple components, such as a map, tables, pictographs and images.

The text on the infographic, as well as the pie chart and map data, is as follows:

Figure 1: Month-to-month change in non-residential construction investment (seasonally adjusted).

This is a map of Canada by province and territory, showing the month-to-month percentage changes for investment in non-residential building construction. Green arrows pointing upward represent an increase, while red arrows pointing downward represent a decrease.

Investment in non-residential building construction for Canada decreased 0.9% in February compared to January 2024. Newfoundland and Labrador was down 9.1%, Prince Edward Island was up 2.3%, Nova Scotia was up 1.5%, New Brunswick was up 0.0%, Quebec was up 0.7%, Ontario was down 2.4%, Manitoba was up 2.4%, Saskatchewan was down 0.4%, Alberta was down 0.4%, British Columbia was up 0.0%, Yukon was down 1.2%, Northwest Territories was down 0.2%, Nunavut was down 8.2%.

Table 1: Total investment, millions of dollars (seasonally adjusted).

Total investment for Canada was $5,964.5 million, total investment for Newfoundland and Labrador was $20.3 million, total investment for Prince Edward Island was $18.0 million, total investment for Nova Scotia was $90.2 million, total investment for New Brunswick was $76.3 million, total investment for Quebec was $1,310.5 million, total investment for Ontario was $2,499.1 million, total investment for Manitoba was $193.9 million, total investment for Saskatchewan was $128.2 million, total investment for Alberta was $688.0 million, total investment for British Columbia was $910.9 million, total investment for Yukon was $16.7 million, total investment for Northwest Territories was $8.9 million, total investment for Nunavut was $3.4 million.

Figure 2: Investment in non-residential construction, market share and year-over-year change (seasonally adjusted).

Industrial: Market share was 21.0%, total investment totalled $1,252.6 million, representing a year-over-year increase of 9.3% or $107.0 million.

Commercial: Market share was 49.9%, total investment totalled $2,978.9 million, representing a year-over-year decrease of 7.3% or $233.2 million.

Institutional: Market share was 29.1%, total investment totalled $1,733.1 million, representing a year-over-year increase of 18.0% or $265.0 million.

Source(s): Table 34-10-0286-01 – Investment in Building Construction.