Friday, April 8, 2016

Building permits up 15.5 per cent in February

Statistics Canada says that municipalities issued building permits worth $7.4 billion in February, a rise of 15.5 per cent from January.

Residential permits were up 5 per cent to $4.2 billion with single-family dwellings up 9.6 per cent to $2.4 billion. Non-residential permits were up by a third to $3.2 billion.

Alberta led the gains with commercial sector permits. For residential it was Ontario that saw the largest gains, for single-family homes. 


source: Mortgagebrokersnews.ca