Residential sector drags down investment in building construction, March 2025
Le secteur résidentiel freine l'investissement dans la construction de bâtiments, mars 2025

AI Article Summary
In March 2025, investment in building construction in Canada decreased by 0.9% to $22.2 billion, primarily due to a 1.8% decline in the residential sector, despite a 1.3% increase in the non-residential sector. The residential decline was driven by a significant drop in multi-unit construction, while single-family home investments saw a minor increase. Non-residential investment grew in all subsectors, with notable gains in institutional, commercial, and industrial projects. Throughout the first quarter of 2025, overall construction investment rose by 3.3%, with the residential sector leading this growth, especially in multi-unit constructions.