Canada's Building Construction Investment Edges Up 0.1% in August on Non-Residential Gains

08:54 AM EDT, 10/21/2026 (MT Newswires) -- Canadian building construction investment rose 0.1% on the month to CA$23.5 billion in August, as a 1.0% increase in non-residential investment offset a 0.3% decline in residential construction, according to the country's statistical agency on Wednesday. On a yearly basis, investment in building construction advanced 7.9%, Statistics Canada wrote in a statement. In constant 2023 dollars, building construction investment declined 0.1% monthly to CA$21.2 billion, but was still up 4.7% annually. Non-residential investment rose by CA$70.5 million to CA$7.4 billion, driven by increases in institutional (+1.9%) and commercial (+0.8%) construction, while industrial investment slipped 0.1%, added StatsCan. Residential investment declined by CA$45.4 million to CA$16.1 billion, as a 1.3% drop in single-family construction more than offset a 0.6% gain in multi-unit investment.