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    08.06.2016 12:58 Building permits in Canada declines 0.3% in April

    08.06.2016 12:58

    Building permits in Canada declines 0.3% in April

     

    Statistics Canada released housing market data on Wednesday. Building permits in Canada declined 0.3% in April, missing expectations for a 1.5% rise, after a 6.3% drop in March. March's figure was revised up from a 7.0% decrease.

     

     

    The decrease was driven by a decline in building permits in Ontario, Quebec and Nova Scotia.

     

     

    Building permits for non-residential construction were up 2.5% in April, while permits in the residential sector plunged 1.8%.

     

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