Two components contributed to the gain in 2007. Commercial investment rose 18.3% from 2006 to a record $23.8 billion, while institutional investment was up 3.9% to $10.4 billion, also a record. Industrial investment declined 3.4% to $5.6 billion.
Western Canada's dynamic economy continued to spark the non-residential sector. Alberta and British Columbia alone accounted for more than 80% of the total increase in non-residential investment nationally in 2007. In both provinces, commercial projects dominated investment.
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