News

CanaData's First-quarter Construction Starts: -48% in Square Footage, -29% in Dollars

0 154 Market Intelligence

Canada’s total construction starts in the first quarter of 2009 were sharply lower than in the same period of last year. Total starts are comprised of the residential, non-residential building and engineering type-of-structure categories. Alberta (-50.4%), Ontario (-32.1%) and British Columbia (-28.3%) were the provinces with the steepest drops in dollar volumes of starts. Alberta (-71.3%) had a particularly sharp decline in overall square footage.

Canada/'s total construction starts in the first quarter of 2009 were sharply lower than in the same period of last year. Total starts are comprised of the residential, non-residential building and engineering type-of-structure categories.

Alberta (-50.4%), Ontario (-32.1%) and British Columbia (-28.3%) were the provinces with the steepest drops in dollar volumes of starts. Alberta
(-71.3%) had a particularly sharp decline in overall square footage.

Click here to link with a story on first-quarter non-residential starts in Canada by type of structure and region.  

by Alex Carrick

Leave a comment

Or register to be able to comment.