The rise of $12.6 billion followed five consecutive quarterly declines with 0.9 per cent increases in spending on commercial buildings ($7.4 billion) and industrial buildings ($1.8 billion); and a $3.4 billion spend on institutional buildings (down 1.6 per cent.)
Overall, investment was up in four provinces, with Ontario registering the largest gain, followed by British Columbia and Manitoba. The largest declines occurred in Alberta and Quebec.
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Investment Hot Spots:
Saint John, Pinkneys Point, Brownsville, South Waterville, Blaine Lake
Construction of non-residential real estate was up 0.2 per cent in the second quarter of 2016 according to Statistics Canada data.