Thursday, October 2nd3.9°C
22738
22497

Value of building permits issued fell in March: StatsCan

OTTAWA - Statistics Canada says municipalities issued $6 billion worth of building permits in March, down 3.0 per cent from February.

The agency says the decline followed an 11.3 per cent decrease the previous month.

It says lower construction intentions in the non-residential sector in six provinces, led by Ontario, more than offset a gain in the residential sector.

The value of permits in the non-residential sector fell 8.8 per cent to $2.3 billion in March, the lowest level since January 2013.

In the residential sector, the value of permits rose 1.0 per cent to $3.7 billion, following a 20.8 per cent decrease in February.

The total value of permits was down in five provinces in March, with Ontario posting the largest decline, followed by Quebec and New Brunswick.

The Canadian Press


Read more Business News

23479


Recent Trending




Today's Market
S&P TSX14690.38-115.061
S&P CDNX887.67-8.68
DJIA16793.92-10.79
Nasdaq4421.086-1.00
S&P 5001944.74-1.42
CDN Dollar0.8968+0.0012
Gold1212.40-3.10
Oil87.79-1.32
Lumber344.40+6.60
Natural Gas3.977-0.046

 
Okanagan Companies
Pacific Safety0.15+0.015
Knighthawk0.01-0.005
QHR Technologies Inc1.26+0.04
Cantex0.06-0.015
Anavex Life Sciences0.1805+0.0001
Metalex Ventures0.0550.00
Russel Metals34.75+0.07
Copper Mountain Mining2.20-0.09
Colorado Resources0.16-0.005
ReliaBrand Inc0.019-0.001
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.31-0.01

 



23057

FEATURED Property
1795525670 South Crest Drive, Kelowna, BC
3 bedrooms 3 baths
$600,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


An income investment you may have overlooked

Investors seeking income often limit their selection to bonds and give little or no consideration to preferred shares. They usually ignore preferreds simply because they don't know much about them...


Power-save your way to a down payment

Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...


A wildly successful manufacturer

Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...

_








Member of BC Press Council


23266