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Canada April building permits up 20.5% mth/mth
Total 12.8 bln Canadian dlr (Il Sole 24 Ore Radiocor) - Ottawa, 11 Jun - In April, the total value of building permits in Canada increased 20.5% month on month to 12.8 billion local dollars, according to Statistics Canada.
Construction intentions in the residential sector increased 21.0% to 8.0 billion dollars and the non-residential sector rose 19.6% to 4.8 billion.
On a constant dollar basis, the total monthly value of building permits grew 20.7% in April, to the highest level since June 2023.
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(RADIOCOR) 11-06-24 17:19:36 (0478) 5 NNNN