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Friday, April 15, 2011
Released at 8:30 a.m. Eastern time
Canadian direct investment assets abroad declined in value for a second consecutive year in 2010, on the revaluation effect of an appreciating Canadian dollar. Foreign direct investment in Canada increased further, led by investment from the United States.
Investment in non-residential building construction increased 1.3% from the previous quarter to $10.7 billion in the first quarter. This was the fifth consecutive quarterly increase and reflected higher spending in both commercial and industrial building construction.
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