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10 Apr
16:14

Canadian building permit values rise on-month in February

The value of Canadian building permits in February rose to a four-month high, Kallanish learns from a Statistics Canada press release. February building permit values increased by 9.3% on a month-on-month basis but slipped 5.2% year-on-year to CAD 11.8 billion ($8.6 billion). The total value of non-residential sector permits decreased by 16.7% y-o-y in February to CAD 4.7 billion. However, this sector was up 12.3% m-o-m, helped by a strong 57.8% showing in the i…
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