Highlights from “Building Construction, February 2023”

The following data was released on April 12, 2023. For full information from this dataset, please click here.

Month-over-Month Highlights –

Investment in Nova Scotia’s non-residential building construction increased 2.6% to $64.0 million.

  • In Halifax, non-residential construction was up 2.4% to $41.9 million. Outside of Halifax, non-residential construction was up 3.0% to $22.1 million.
  • National non-residential building construction was up 0.8% in February 2023. Seven provinces reported increases, with the largest increase in Prince Edward Island. The largest decline was in Newfoundland and Labrador.
Year-to-Date Highlights –

Compared to January-February 2022, Nova Scotia’s non-residential construction was down 3.1%.

  • Halifax’s non-residential construction rose 12.3 while outside of Halifax, non-residential construction was down 23.1%.
  • National non-residential construction investment increased 9.9% compared to January-February 2022. Seven provinces reported increases, with the largest increases in Saskatchewan, New Brunswick, and Manitoba. The largest decline was reported in Newfoundland and Labrador.