Composite price index for Canadian nonresidential building construction increased 1.2% in Q2 from Q1, led by higher wages, strong construction materials prices

Cindy Allen

OTTAWA , August 16, 2011 (Statistics Canada) – The composite price index for non-residential building construction increased by 1.2% in the second quarter compared with the previous quarter. The quarterly advance was mainly a result of wage increases and the continued strength of construction material prices.

All seven of the census metropolitan areas (CMAs) surveyed reported quarterly increases ranging from 0.6% to 1.5%. Ottawa–Gatineau, Ontario part (+1.5%) and Toronto (+1.4%) recorded the largest gains.

Year over year, the composite price index for non-residential building construction was up 3.2%. Of the CMAs surveyed, Ottawa–Gatineau, Ontario part (+4.4%) and Toronto (+3.9%) recorded the largest increases while Calgary (+1.9%) registered the smallest gain.

Note: This release presents data that are not seasonally adjusted and the indexes published are subject to a one quarter revision period after dissemination of a given quarter's data.

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