Investment in non-residential building rose nearly three per cent in the third quarter of 2010, making it the third consecutive quarterly gain, according to Statistics Canada.
Total investment reached $10.4 billion primarily because of higher spending on commercial and industrial buildings.
More than 20 of the 34 census metropolitan areas recorded gains, with the largest increase in Toronto, where investment rose 7.5 per cent to $1.8 billion, driven mainly by increased spending in the commercial building sector.
As for the provinces, Ontario had the largest increase caused by rising spending on commercial and industrial building.
Investment did fall, however, in two provinces. Diminishing levels of investment in Saskatchewan resulted mainly from lower spending on industrial and institutional building, while the decline in Alberta resulted from falling spending on institutional building.
Total investment reached $10.4 billion primarily because of higher spending on commercial and industrial buildings.
More than 20 of the 34 census metropolitan areas recorded gains, with the largest increase in Toronto, where investment rose 7.5 per cent to $1.8 billion, driven mainly by increased spending in the commercial building sector.
As for the provinces, Ontario had the largest increase caused by rising spending on commercial and industrial building.
Investment did fall, however, in two provinces. Diminishing levels of investment in Saskatchewan resulted mainly from lower spending on industrial and institutional building, while the decline in Alberta resulted from falling spending on institutional building.
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