Construction holds up in the third quarter

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Via Vancouver Island Construction Association

Victoria, November 12, 2013 – Construction activity on Vancouver Island continued to hold its own and contribute to the economy during the July to September 2013 period with a 3.7 percent gain in construction employment and a two percent gain in building permits.

The Vancouver Island Construction Association (VICA) reports that construction employment on Vancouver Island climbed as a result of a 7.9 percent increase in the Victoria Metropolitan area. Building permits on the Island increased because of a 23 per cent rise in residential permits throughout the Island.

“The construction industry on Vancouver Island remains active and continues to be a highly competitive market,” says Greg Baynton, CEO of VICA. [Learn more]