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Figure 18:
Provincial construction key economic indicators – movement (%) or index value where stated
British Columbia
Alberta
Ontario
Quebec
Consumer Price Index (CPI) - MoY
March 2025 - March 2024
2.6
2.8
2.3
1.9
Construction investment - constant prices
Q4 2024 - Q3 2024
-4.2
3.8
-1.2
2.8
Value of building permits - constant prices
Q4 2024 - Q3 2024
2.1
5.9
-0.2
1.1
Housing starts - at annual rates
Q4 2024 - Q3 2024
11.9
9.1
-17.5
43.0
Construction unemployment rate
February 2025
3.5
9.7
7.5
8.8
Source: Bank of Canada, Canada Mortgage and Housing Corporation and Statistics Canada
