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    08.02.2016 13:38 Building permits in Canada climb 11.3% in December

    Statistics Canada released housing market data on Monday. Building permits in Canada climbed 11.3% in December, exceeding expectations for a 5.0% rise, after a 19.9% drop in November. November's figure was revised down from a 19.6% decrease.

     

    The increase was driven by a rise in building permits for multi-family dwellings in Quebec, Ontario, British Columbia and Alberta.

     

    Building permits for non-residential construction were up 2.5% in December, while permits in the residential sector jumped 16.3%.

     

    In 2015 as whole, buildings permits were flat.


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