Friday, September 4th11.6°C
27215
26758

Value of building permits up 8.5 per cent in January: Statistics Canada

OTTAWA - Statistics Canada says municipalities issued $7 billion worth of building permits in January, up 8.5 per cent from December.

The agency says the increase in January came from higher construction intentions in the residential sector, which more than offset a decline in the non-residential sector.

Gains were posted in every province in January, except Quebec, with Alberta, British Columbia and Ontario reporting the largest increases.

After two consecutive monthly decreases, construction intentions for residential dwellings rose 26.3 per cent to $4.6 billion, with gains in all provinces.

In the non-residential sector, the value of permits fell 14.6 per cent to $2.4 billion, following a 5.4 per cent increase in December.

Decreases in Quebec and, to a much lesser extent, New Brunswick offset gains posted in the other provinces.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX13485.54-110.87
S&P CDNX553.22-0.53
DJIA16080.60-294.16
Nasdaq4678.59-54.90
S&P 5001918.77-32.36
CDN Dollar0.7541-0.0038
Gold1120.00-3.70
Oil46.39-0.36
Lumber233.90+1.00
Natural Gas2.675-0.050

 
Okanagan Companies
Pacific Safety0.205-0.015
Knighthawk0.010.00
QHR Technologies Inc1.23-0.01
Cantex0.04-0.01
Anavex Life Sciences1.16+0.05
Metalex Ventures0.05-0.00
Russel Metals21.14+0.05
Copper Mountain Mining0.59-0.01
Colorado Resources0.075-0.010
ReliaBrand Inc0.0045+0.0005
Sunrise Resources Ltd0.02+0.00
Mission Ready Services0.075-0.005
Decisive Dividend Corp2.62+0.12

 





FEATURED Property
2403487Beautiful lot at the lakes
$185,000
more details
Click here to feature your property
Please wait... loading


The ball and chain

I have been pleasantly surprised of late to speak with business owners who understand the impact of fixed versus variable costs. A fixed cost is one that must be paid each and every month regardless o...


Where does the money go?

Photo: Thinkstock.comOne of the major components of business relationships that involve money are the fees in the investment industry. There is currently a quiet battle being waged between the practit...


Agree to ask questions

Photo: Thinkstock.comThe STORY: I think, said Janet to herself, that I just figured out a solution to my problem of letting the prospect run the meeting.With that thought in mind, she got out of her c...

_








Member of BC Press Council


25646