Canadian nonresidential construction down in Q3

Investment in nonresidential construction in Saskatchewan was down 7.7 percent in the third quarter compared with the same period last year, Statistics Canada reported, Oct. 18, according to a next-day report from The Regina Leader-Post.

Nonresidential construction, which includes industrial, commercial and institutional buildings, totalled $353 million (seasonally adjusted), down from $383 million in the third quarter of 2010. Third-quarter nonresidential construction was also down 1.1 percent from $357 million in the second quarter of 2011, on par with the national average, according to the article.