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Canada Data: Building Permits +5.6% in Jan vs +2.5% in Dec>

Data for:          January 2018
Source: Statistics Canada
Millions of Canadian dollars
                                                     yr/yr   mo/mo   mo/mo   yr/yr
                          Jan-18   Dec-17   Nov-17   Jan-17  Jan-18  Dec-17  Jan-18
Total                     8413.8   7970.3   7778.4   7592.6     5.6     2.5    10.8
 Residential              5324.9   5028.2   4845.0   4917.0     5.9     3.8     8.3
  Single-family*          2658.0   2692.1   2588.9   2618.8    -1.3     4.0     1.5
  Multi-unit              2666.9   2336.0   2256.1   2298.1    14.2     3.5    16.0
 Non-residential          3088.8   2942.2   2933.4   2675.6     5.0     0.3    15.4
  Industrial               554.5    681.1    550.6    473.0   -18.6    23.7    17.2
  Commercial              1699.5   1560.4   1600.9   1411.7     8.9    -2.5    20.4
  Institutional            834.9    700.6    781.9    790.9    19.2   -10.4     5.6
                                                  Number of Units
Total dwellings            19242    18634    17327    18749     3.3     7.5     2.6
Single-family*              6067     6312     5813     6584    -3.9     8.6    -7.9
Multi-unit                 13175    12323    11513    12165     6.9     7.0     8.3
* 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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