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Investor Presentaiton

1=1 11 CONSTRUCTION AND INVESTMENT RESPONSIBLE PROGRESS | DECEMBER 2019 ✓ Building permits are up 15.6% this year, on track for a 48% increase since 2015 ✓ Private sector capital investment increased by 10.1% in 2018, the strongest increase among provinces 2,100 2,000 1,900 ✓ Statistics Canada estimates that Manitoba's private capital investment will grow 4.5% this year, the third year in a row that private investment has outpaced Canada 1,800 1,700 ✓ Capital spending on machinery and equipment is expected to grow 6%, the strongest increase among provinces 1,600 1,500 1,400 Non-Residential Capital Investment in Buildings, Q1 2016-Q2 2019 (12-month rolling total) (Millions of Dollars) Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Manitoba
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