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Building Permits in Canada Decline in December

M. Ali 28 January, 2021 7:06 pm Market Update

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.

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