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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
July 2025 - July 2024
1.7
1.3
1.6
2.3
Construction investment - constant prices
Q2 2025 - Q1 2025
6.7
-3.9
-5.1
0.1
Value of building permits - constant prices
Q2 2025 - Q1 2025
-29.6
-1.9
1.2
2.2
Housing starts - at annual rates
Q2 2025 - Q1 2025
60.3
24.8
33.0
7.5
Construction unemployment rate
August 2025
4.0
4.6
4.5
4.9
Source: Bank of Canada, Canada Mortgage and Housing Corporation and Statistics Canada
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