Winnipeg Free Press - ONLINE EDITION
Posted: 04/18/2013 10:43 AM | Comments: 0
Investment in non-residential construction projects increased at the fastest pace in the country in Manitoba in the first quarter of this year, Statistics Canada said today.
The agency said $360 million was spent on commercial, industrial and institutional building projects in the province during the quarter.
That was a seven per cent increase over the $337 million that was spent in the final quarter of last year. It was also a 20.9 per cent improvement over the $298 million spent in the first quarter of 2012.
The month-over-month and year-over year increases were both the largest percentage gains posted by any province during the quarter, the StatsCan figures show. The agency also noted that Manitoba was one of only four provinces to record a month-to-month increase, and one of only five to see a year-over-year improvement.
Nationally, the month-to-month increase was one per cent ($12.4 billion versus $12.3 billion), and the year-over-year gain was 4.3 per cent, the agency said.
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
Having problems with the form?Contact Us Directly
Government says GM owner site was faulty
Nevada no lock for Tesla plant despite groundwork
Venturing into big investment territory
Berkshire Hathaway 2Q profit jumps 41 per cent
Army to force out 550 majors; some in Afghanistan
Microsoft sues Samsung in royalty dispute
How the Dow Jones average fared Friday
Rare summer relief for gasoline prices
LinkedIn and Tesla are big market movers
Govt meets goal for small business contracts
US stocks have their worst week in two years
US auto sales sizzle in July, helped by discounts
Bloated hydro pensions target of new report
Ottawa hails new rail grain shipping rules
Obama: Economy stronger, Congress could do more
Chevron seeking new partner for Kitimat LNG
Google confirms it sold barge docked in Maine
Business News Digest
Automakers see boost from July SUV sales
Allergan sues Valeant, Pershing in U.S. court
Justice Dept seeks appeal in health overhaul case
Utility to pay Tenn. coal ash spill victims $27.8M
Initial public offerings scheduled to debut next week
Hall of Fame for John Honderich, Craig Oliver
US judge scolds Argentina over debt crisis remarks
Another decline for US stock market
Off switch hit at wood-fired power plant
US consumer sentiment edges down to 81.8 in July
Police say UK pier fire may have been arson
Car-tech company Mobileye soars in IPO
Big utility Fortis has lower Q2 net earnings
Grain mixed, beef lower and pork unchanged
HP to pay $32.5M to settle Postal Service dispute
Yahoo takes copyright law to top German court
Citi says SEC has closed probe of mortgage bonds
Chevron 2Q profit up on asset sales, oil prices
Prosecutor: Peanut plant faked salmonella results
Ford's US sales up 10 per cent in July
Construction spending falls 1.8 per cent in June
US manufacturing expands again in July