Value of Canada building permits down 5.9% in November
OTTAWA, Jan 10 (Reuters) - The value of Canadian building permits fell by 5.9% in November from October, Statistics Canada said on Friday.
The residential sector saw lower intentions for both the single-family and multi-family components, while the commercial and institutional components were up in the non-residential sector. The value of building permits were down in five provinces, with the largest decrease recorded in Ontario.
Month on month (%)
Nov Oct(rev) Oct(prev)
Total -5.9 -4.1 -3.1
Residential -7.5 +0.9 +2.3
Nonresidential -3.2 -11.4 -11.0
NOTE: All figures are seasonally adjusted.
(Reporting by Dale Smith; Editing by Ismail Shakil) ((ismail.shakil@tr.com))
Keywords: CANADA ECONOMY/BUILDING PERMITS
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