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CIPH Construction Starts Forecast: Spring 2024

CIPH Construction Starts Forecast: Spring 2024

Press Releases

Total Canadian construction starts fell 36.1% y/y in Q4 2023 with declines in the three headline sectors of residential building, non-residential building, and civil engineering. However, in 2023 as a whole, Canadian starts grew 5.8% on rises in non-residential building and civil engineering construction, but a decline in new homebuilding. 

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