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Canada Data: Building Permits +3.1% in Mar vs -2.8% in Feb>

Data for:          March 2018
Source: Statistics Canada
Millions of Canadian dollars
                                               yr/yr   mo/mo   mo/mo   yr/yr
                    Mar-18   Feb-18   Jan-18   Mar-17  Mar-18  Feb-18  Mar-18
Total               8400.0   8148.7   8383.8   7582.6     3.1    -2.8    10.8
 Residential        5380.0   5258.6   5296.2   4815.3     2.3    -0.7    11.7
  Single-family*    2378.5   2583.5   2612.9   2718.5    -7.9    -1.1   -12.5
  Multi-unit        3001.6   2675.1   2683.3   2096.8    12.2    -0.3    43.2
 Non-residential    3019.9   2890.1   3087.6   2767.3     4.5    -6.4     9.1
  Industrial         666.5    597.0    557.9    548.5    11.6     7.0    21.5
  Commercial        1705.7   1550.9   1703.3   1405.8    10.0    -8.9    21.3
  Institutional      647.7    742.2    826.3    813.0   -12.7   -10.2   -20.3
                                            Number of Units
Total dwellings      19139    18635    19129    17668     2.7    -2.6     8.3
Single-family*        5232     5839     5941     6055   -10.4    -1.7   -13.6
Multi-unit           13907    12796    13189    11613     8.7    -3.0    19.8
* Single-family includes single-detached, mobile home and cottage.
Percentage changes are calculated by MNI.
--MNI Ottawa Bureau; email: yali.ndiaye@marketnews.com
[TOPICS: MACDA$]

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