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Tag Archives: building permits

Building Permits Up 8.6% in March

Earlier this month, Statistics Canada revealed that there was $6.5-billion in building permits issued in March, equating to a 8.6% growth from the previous month. This marks the third consecutive month building permit values have risen, and once again the non-residential sector is responsible for the bulk of the gain. Total value of permits (Stats Can.) Non-Residential Building Permits On …

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Canadian Housing Market in for a Soft Landing

Last Tuesday, Statistics Canada released the rates and values of approved building permits nation-wide for February, 2013. Around this time, analysts also discussed the state of the Canadian housing market in March, suggesting that the country is currently in a state of cooling. Following the recession a few years back, Canada was a global leader in real estate growth. It …

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