Ontario Total residential and non-residential investment in building construction
Ontario Total residential and non-residential investment in building construction
Over a ten-year period between December 2011, and April, 2021 Ontario went from $4,272,529,201.00 in Total residential and non-residential construction expenditures to $6,952,444,796.00 in Total residential and non-residential spending.
Ontario constructions spending peaks in the summer to early fall and the pre-covid peak spending on August 2019 for Total residential and non-residential was $6,873,350,972.00. As of July 2, 2021 and according to the graph below, the construction industry in Ontario seems to have recovered.
Comparing peak periods of August Total residential and non-residential spending for
2011 we have: $5,022,117,736.00
2016 it is: $5,839,973,628.00
2019 was: $6,873,350,972.00
And 2020 at: $7,513,918,040.00
In the past 10 years of seasonal peaks (August), Ontario has an average annual growth rate of 3.847% in Total residential and non-residential expenditures.
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