Canada: Building Permits

Tuesday, 7 February 2012 04:13

The Statistics Canada reported today that amount of new building permits issued in December increased by seasonally adjusted 11.1%, reaching the highest level since June 2007.

After November’s unexpected drop analysts forecasted reading higher by only 0.2% in December.

Comparing with 2010 number of issued permits grew 21.1% in last month of 2011.