Statistics Canada says investment in new housing construction fell off nearly 26 per cent in May from the same month a year ago. That was the worst showing of the provinces. Nationally there was an average 6 per cent increase. There was $70.6 million dollars invested in Saskatchewan in May.
Investment in non-residential building construction fell about 7 per cent in this province between the second quarter of last year and the second quarter of this year. Manitoba and Alberta had bigger drops. Nationally, investment was up 7.8 per cent. Investment was up 0.9 per cent here from the first quarter. Five provinces had stronger performances. The national average was an increase of 1.4 per cent. Total investment in the second quarter in Saskatchewan rang in at $409 million.
Non-residential investment in the Saskatoon cma fell 7.7 per cent year-over-year in the second quarter. Nationally there was a rise of 9.5 per cent. The picture was brighter when compared to the first quarter of the year where investment rose 7.8 per cent. Nationally, there was only a 1.3 per cent rise. Total investment in non-residential building construction in the Saskatoon cma was $177 million.