Home / Market Update / Building Permits in Canada Decline in December

Building Permits in Canada Decline in December

Canadian building permits declined in value by 4.1% during December, data by Statistics Canada showed on Thursday.

The decline comes below market expectations of a 5% decrease.

On an annual basis, building permits decreased to an unadjusted reading of 2.3% last year compared with 2019, but rose by 3.1% compared with their level in 2018.

Check Also

Gold Prices Still Soaring Above $ 3,000 Barrier

Gold prices have continued their upward trajectory since the start of trading on Monday, following …