Canada Building permits for February +9.3% vs -4.5% estimate ...Middle East

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Prior month 12.9% revised from 13.5 priorHighlights:Total value of building permits in Canada rose by 9.3% to $11.8 billion in February. The expectation was for a decline of -4.5%Non-residential sector increased by 12.3% to $4.7 billion, driven by major construction permits.Residential sector saw a 7.4% rise to $7.1 billion.Ontario led the growth with a 21.7% increase, reaching $5.0 billion, with gains across all components.On a constant dollar basis (2017=100), building permits were up 8.5% in February, following a rise in January.Details of non-residential permits:Total monthly value of non-residential building permits in Canada rose by 12.3% to $4.7 billion in February.Industrial componen

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Last updated : 10 April 2024 clock 03:41 PM

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Canada Building permits for February +9.3% vs -4.5% estimate ...Middle East

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