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Manitoba's non-residential construction up 12.6 per cent in 2012

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Just under $1.22 billion was spent on non-residential construction projects in the province in 2012, according to Statistics Canada figures released today.

That was a gain of 12.6 per cent from 2011, when $1.08 billion was invested in commercial, industrial and institutional construction projects.

Spending in Canada, by comparison, was essentially unchanged from 2011, at $47.5 billion.

The figures show Manitoba also ended 2012 on a strong note, with non-residential spending up 3.1 per cent to $313 million from $304 million in the third quarter of the year. It was the fourth largest quarterly increase among the provinces.

Fourth quarter spending in Canada was up by a more one per cent to $12 billion. However, Statistics Canada noted it was Canada’s the third consecutive quarterly increase.

murray.mcneill@freepress.mb.ca

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