OTTAWA, Ont. Truckers in construction may be in for a leaner winter this year.
Construction activity receded 0.8% in August, according to the latest monthly report on GDP released by Statistics Canada this morning. It marked the third consecutive monthly GDP decline for the construction sector.
Much of the weakness was in residential construction with a 3.2% drop, representing a third consecutive monthly decline. Housing starts fell substantially with most of the decline in multi-units residential buildings in all urban areas. Housing sales surged significantly in most major metropolitan areas in August, pushing up the output of real estate agents and brokers by 3.2% and that of lawyers, accountants and bookkeepers by 1.2%.
Engineering, repairs and other construction activities rose 0.7%. Non-residential building construction declined 0.1% with decreasing activity on institutional and industrial buildings, but commercial building edged up.
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