(Source: StatsCan)

Contractors took out $5.9 billion in building permits in November, down 4.6% from October, but 23.1% higher than November 2008 and 62.8% above February 2009, when the lowest value during the economic downturn was recorded. However, November’s value remained below values recorded in 2007 and early 2008.

The decline in November was due to decreases in the non-residential sector, which outweighed increases in the residential sector.

Read the full article “Building Permits” in StatsCan (January 11, 2010).

Developments featured in this article

More Like This

Facebook Chatter