Non-residential building stable in Alberta

CALGARY, AB, Jan. 17, 2013/ Troy Media/ – Yesterday we showed how investment in residential construction has held up quite well in Alberta. But housing is only part of the total equation in the construction sector. Non-residential construction also accounts for a large portion of building activity – and here, the story is “steady as she goes.”

The total value of non-residential construction in Alberta was $2.31 billion in the fourth quarter of 2012. That is essentially unchanged from the third quarter, but over the entire year it is 3.0 per cent higher than 2011.

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