Building permits in Canada rose 7.7% in December

Market news

6 February 2015

Building permits in Canada rose 7.7% in December

Statistics Canada released housing market data on Friday. Building permits in Canada climbed 7.7% in December, exceeding expectations for a 4.5% gain, after a 13.6% drop in November. November's figure was revised up from a 13.8% decrease.

Building permits for non-residential construction climbed 22.9% in November, while permits in the residential sector remained unchanged.

Reserve Bank of Australia cuts its growth forecasts

Canada’s number of employed people rose by 35,400 in January, driven by part-time jobs

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