Before getting too excited, a quick dive past the headlines into the agency’s data in real (inflation-adjusted) terms tells a very different story. The vast majority of investment growth is being consumed by inflation. Since rates hit a record low in 2020, over 70% of investment in building construction growth was non-productive. Bluntly put, the stimulus is making each dollar less effective at actually producing anything.
https://betterdwelling.com/canadas-non-productive-building-boom-inflation-killed-70-of-growth/
Before getting too excited, a quick dive past the headlines into the agency’s data in real (inflation-adjusted) terms tells a very different story. The vast majority of investment growth is being consumed by inflation. Since rates hit a record low in 2020, over 70% of investment in building construction growth was non-productive. Bluntly put, the stimulus is making each dollar less effective at actually producing anything. https://betterdwelling.com/canadas-non-productive-building-boom-inflation-killed-70-of-growth/
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Canada’s Non-Productive Building Boom—Inflation Killed 70% of Growth - Better Dwelling
Canadians are paying a lot more for a lot less, even when it comes to construction investment. Statistics Canada (Stat Can) data shows that investment in building construction ended the year much higher in December. Before getting too excited, a quick dive past the headlines into the agency’s data in real (inflation-adjusted) terms tells a […]
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