Calgary Region Sees Hike in Investment for Non-Residential Building Construction

CALGARY — Investment in non-residential building construction in the Calgary region grew to $3.6 billion in 2012, up 8.3 per cent from the previous year, according to Statistics Canada.

The federal agency reported Monday that investment in the commercial sector grew by 28.7 per cent to $2.97 billion in the Calgary census metropolitan area while the industrial sector saw a 103.4 per cent hike to $183.7 million.

The institutional category was down 48.9 per cent to $495.1 million in the Calgary CMA.

For Alberta, investment in non-residential building construction jumped by 4.9 per cent from the previous year to $9.4 billion while in Canada it rose by 2.2 per cent to $48.5 billion in 2012.

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Alicia Colquhoun

Alicia Colquhoun

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CENTURY 21 Bamber Realty Ltd.
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