Housing construction investment $4.2 billion in April, an 8.4 per cent increase: StatsCan

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Canada’s ‘hands-off’ housing policy is right move in free market economy

Statistics Canada has reported that new housing construction investment totalled $4.2 billion April, a rise of 8.4 per cent over the previous month. “Nationally, the increase was driven by higher investment in apartment and apartment-condominium buildings, which rose 20.8% to $1.5 billion. Higher spending on row houses (up 14.2 per cent to $433 million) and single-family…

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