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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
August 2024 - August 2023
2.4
2.0
2.1
1.5
Construction investment - current prices
Q2 2024 - Q1 2024
0.7
-7.7
0.2
0.4
Value of building permits - current prices
Q2 2024 - Q1 2024
-8.0
-1.8
9.0
0.4
Housing starts - at annual rates
Q2 2024 - Q1 2024
2.4
4.4
-5.2
2.7
Construction unemployment rate
July 2024
3.4
2.3
4.2
3.7
Source: Bank of Canada, Canada Mortgage and Housing Corporation and Statistics Canada
