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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
April 2024 - April 2023
2.9
3.0
2.7
3.0
Construction investment - current prices
Q1 2024 - Q4 2023
1.4
-2.1
-0.5
7.1
Value of building permits - current prices
Q1 2024 - Q4 2023
20.1
-1.2
0.3
2.0
Housing starts - at annual rates
Q1 2024 - Q4 2023
-1.7
6.6
-0.1
8.4
Construction unemployment rate
May 2024
5.4
7.9
5.0
3.7
Source: Bank of Canada, Canada Mortgage and Housing Corporation and Statistics Canada
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