Canada’s real gross domestic product (GDP) came in at $1.97 trillion in May, up 0.23% from the month before; a seasonally adjusted $4.52 billion. The real estate and construction industries were responsible for most of May’s rise with revenues for real estate, rental, and leasing hit $250.69 billion in May, or 12.75 per cent of total GDP.
Increased construction activity across Canada represented 27.06% of growth, residential construction being over 80% of that number.
Reference:
https://ca.reuters.com/article/businessNews/idCAKCN1UQ1UG-OCABS
https://www150.statcan.gc.ca/n1/daily-quotidien/190731/dq190731a-eng.htm
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