CANADA’S BUILDING BOOM
Canada #iust be something of a paradise for builders just now, judging by a report issued recently by the Royal Bank of Canada, “In the first 11 months of 1925,” the report states, “the total volume of building contracts awarded in Canada amounted to £90,600,000, as compared with £49,000,000 in the corresponding months of 1924. The amount of money spent for bridges, wharves, roads and streets, and other engineering items, increased from £1,000,000 during 1924 to £20,000,000 in 1925; the value of the contracts awarded for industrial buildings increased by 300 per cent., and that for business building by 130 per cent. “These percentages contrast with a 56 per cent, increase in residential buildings. It is encouraging to note that the value of contemplated new construction, as derived from recent building permits, and the fact that there are a number of large new projects about to be started, would indicate that 1929 will be another good year for the Canadian building industry.’’
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19290612.2.40.4
Bibliographic details
Sun (Auckland), Volume III, Issue 687, 12 June 1929, Page 6
Word Count
165CANADA’S BUILDING BOOM Sun (Auckland), Volume III, Issue 687, 12 June 1929, Page 6
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