Half of Canadians have negative opinion of latest Liberal budget: poll
A new poll suggests the Liberals have not won over voters with their latest budget, though there is broad support for their plan to build millions of homes.
Statistics Canada says investment in residential construction declined for the first time in nine months in June, as gains in the non-residential sector helped push overall construction investment up 0.3 per cent to $20.8 billion.
The agency says residential construction investment fell 0.4 per cent to $15.5 billion in June, with Quebec being the biggest drag.
Within the residential segment, investment in single-family homes continued to show strength, rising 0.7 per cent to $8.6 billion, having outpaced multi-unit construction since the COVID-19 pandemic downturn.
Non-residential construction investment rebounded in June, increasing 2.4 per cent to $5.3 billion for the month, with commercial construction advancing 2.7 per cent to $3.0 billion, driven by Ontario.
Investment in commercial construction had fallen in May, the first time in 13 months, as a result of an Ontario construction workers strike.
Statistics Canada says the total value of investment in building construction rose 3.3 per cent to $62.3 billion in the second quarter, the third consecutive quarterly increase.
This report by The Canadian Press was first published Aug. 12, 2022.
A new poll suggests the Liberals have not won over voters with their latest budget, though there is broad support for their plan to build millions of homes.
Appointing a trusted person to help with financial obligations can give you peace of mind. In his personal finance column for CTVNews.ca, Christopher Liew outlines the key benefits of naming a confidant to take over your financial responsibilities, if the need ever arises.
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