Non-residential construction
Key indicators
Selected geographical area: Canada
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$19.7 billion-0.9%(monthly change)
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$10.8 billion13.5%(monthly change)
More non-residential construction indicators
Selected geographical area: Canada
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$231,234.6 million3.6%(annual change)
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$122,651.1 million6.3%(annual change)
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$353,885.7 million4.5%(annual change)
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0.9%(quarterly change)
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0.7%(quarterly change)
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$2,579 billion (2017 dollars)1.0%(annual change)
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$2,754 billion (2017 dollars)2.5%(annual change)
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$14.4 billion0.9%(quarterly change)
Results
All (3)
All (3) ((3 results))
- 1. Non-residential Capital Expenditures: 2014 Preliminary Actual Estimates and 2015 Intentions ArchivedArticles and reports: 11-626-X2015048Description:
This article in the Economic Insights series reports on the capital expenditure estimates for 2014 and the expenditure intentions for 2015, released by Statistics Canada on July 6th 2015. The article examines changes in the pace and composition of non-residential capital spending, highlighting key movements in the data for these reference years.
Release date: 2015-07-06 - Articles and reports: 11F0027M2008050Geography: CanadaDescription:
This paper examines whether or not the long-term government bond rate could reasonably be employed as the rate of return on public capital when calculating public sector gross domestic product. It finds that the rate of return on public capital is lower than often reported and is roughly consistent with the rate of return on private capital. Given that there is a range of estimates that are plausible, the paper concludes that the long-run government bond rate could be used as a conservative estimate for the rate of return for public infrastructure.
Previous studies have shown that production function estimates tend to find rates of return that are implausibly large, while cost function estimates appear more reasonable. This paper shows that public capital and total factor productivity (TFP) growth behave similarly, and argues that production function estimates for the impact of public capital overstate its impact as a result, catching part of what belongs in estimates of TFP. It also shows that the similarity between the growth in public capital and TFP leads to a large confidence interval around public capital elasticity estimates derived from the production function framework. The paper then proceeds by generating a confidence interval from the production function estimated first with and then without TFP growth. It then uses a cost function to pinpoint more precisely estimates for the marginal cost savings from public capital. Importantly, the estimate derived from the cost function is found in the lower part of the confidence interval derived from the production function. The rate of return associated with the overlapping estimates is then shown to cover a range that extends from the average long-run government bond rate to the rate of return on private capital.
Release date: 2008-04-15 - 3. Review of Non-residential Construction in 2005 ArchivedArticles and reports: 11-621-M2006043Geography: Province or territoryDescription:
This report highlights investment in non-residential construction in 2005, focusing on commercial, institutional and industrial components. This study also looks at the regional and provincial dimension.
Release date: 2006-05-23
Data (0)
Data (0) (0 results)
No content available at this time.
Analysis (3)
Analysis (3) ((3 results))
- 1. Non-residential Capital Expenditures: 2014 Preliminary Actual Estimates and 2015 Intentions ArchivedArticles and reports: 11-626-X2015048Description:
This article in the Economic Insights series reports on the capital expenditure estimates for 2014 and the expenditure intentions for 2015, released by Statistics Canada on July 6th 2015. The article examines changes in the pace and composition of non-residential capital spending, highlighting key movements in the data for these reference years.
Release date: 2015-07-06 - Articles and reports: 11F0027M2008050Geography: CanadaDescription:
This paper examines whether or not the long-term government bond rate could reasonably be employed as the rate of return on public capital when calculating public sector gross domestic product. It finds that the rate of return on public capital is lower than often reported and is roughly consistent with the rate of return on private capital. Given that there is a range of estimates that are plausible, the paper concludes that the long-run government bond rate could be used as a conservative estimate for the rate of return for public infrastructure.
Previous studies have shown that production function estimates tend to find rates of return that are implausibly large, while cost function estimates appear more reasonable. This paper shows that public capital and total factor productivity (TFP) growth behave similarly, and argues that production function estimates for the impact of public capital overstate its impact as a result, catching part of what belongs in estimates of TFP. It also shows that the similarity between the growth in public capital and TFP leads to a large confidence interval around public capital elasticity estimates derived from the production function framework. The paper then proceeds by generating a confidence interval from the production function estimated first with and then without TFP growth. It then uses a cost function to pinpoint more precisely estimates for the marginal cost savings from public capital. Importantly, the estimate derived from the cost function is found in the lower part of the confidence interval derived from the production function. The rate of return associated with the overlapping estimates is then shown to cover a range that extends from the average long-run government bond rate to the rate of return on private capital.
Release date: 2008-04-15 - 3. Review of Non-residential Construction in 2005 ArchivedArticles and reports: 11-621-M2006043Geography: Province or territoryDescription:
This report highlights investment in non-residential construction in 2005, focusing on commercial, institutional and industrial components. This study also looks at the regional and provincial dimension.
Release date: 2006-05-23
Reference (0)
Reference (0) (0 results)
No content available at this time.
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