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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
December 2024 - December 2023
2.6
2.5
1.7
1.6
Construction investment - constant prices
Q3 2024 - Q2 2024
-3.4
-2.7
3.9
-0.9
Value of building permits - constant prices
Q3 2024 - Q2 2024
-3.4
5.6
6.2
11.9
Housing starts - at annual rates
Q3 2024 - Q2 2024
-10.2
6.8
1.3
-23.3
Construction unemployment rate
November 2024
3.9
6.0
3.9
2.8
Source: Bank of Canada, Canada Mortgage and Housing Corporation and Statistics Canada
