Investment in non-residential building construction in Saskatchewan dropped 4.1 per cent between the first and second quarters of this year.
Statistics Canada says that three other provinces had declines, with only Prince Edward Island dropping more, down 5.9 per cent. Nationally there was a slight increase of 0.3 per cent. Stats Canada says the decrease in our province was because of reduced spending on warehouse and recreational buildings which offset increased spending on shopping centres.
Since the second quarter of last year, spending in Saskatchewan is off nearly 17 per cent. Four other provinces also experienced declines. Newfoundland and Labrador had a greater declines than ours, coming in with a drop of 27.6 per cent. Nationally, there was a drop of 0.7 per cent.
Saskatoon saw a decline of nearly 5 per cent from the first quarter to the second. Of 37 cities surveyed 16 experienced declines. Eight were larger than ours. From the second quarter of 2016 to the second quarter of 2017, Saskatoon saw a 4.7 per cent decline in spending. 19 cities were in the same boat. 13 of them had declines surpassing ours. Second quarter spending in Saskatoon was $179 million. In Saskatchewan it was $409 million.