Statistics Canada
www.statcan.gc.ca
Common menu bar links
Capital Expenditure Price Statistics
April to June 2008
Archived Content
Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.
Highlights
Second Quarter 2008
- The New Housing Price Index (1997=100) rose 0.3% in the second quarter of 2008, down from the previous increase of 1.1%. Increases were seen in the Atlantic Region (+3.0%), followed by Quebec (+ 1.4%), Ontario (+0.6%) and British Columbia (+0.2%). The Prairie Region registered a decrease (-1.3%). This was the first decrease reported since the first quarter of 1996 for this region.
- The composite price index for non-residential building construction increased 6.0% in the second quarter to 175.6 (1997=100) compared with the previous quarter, and stood 11.6% higher compared with the second quarter of 2007. The quarterly increase was mostly the result of higher labour and fuel costs, as well as material price increases, in particular steel.
- The Machinery and Equipment Price Index (MEPI) stood at 86.2 (1997=100) in the second quarter, up 0.8% from the previous quarter. The import component index rose 1.3%, while the domestic index edged up 0.1%. Compared with the second quarter of 2007, the total MEPI was down 3.5%, as the import index decreased 5.5% while the domestic index fell 0.2%.
- Construction costs for distribution systems, an aggregation level of the Electric Utility Construction Price Index increased by 2.7% during the first half of 2008. The increase in the labour and the construction indirects components for this period were the major contributors to this change. Construction costs for the transmission line system series rose 2.8% during the first half of 2008 compared with a 4.7% increase for all of 2007.
