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November Building Permits -2.4% vs......>

CANADA DATA: November Building Permits -2.4% vs +1.0% expected
- November permits declined to C$8.1B mainly on residential permits.
- Residential permits reached its lowest value since Feb. 2019; 
the third decline in a row. 
- Residential permits -4% to C$4.7B in November vs. -3% prior.
- Non-residential permits -0.1% to C$3.3B in November vs. +0.7% prior.
- Residential permits declined largely due to decreases in Ontario 
(-1.2%), British Columbia (-6.5%), and Quebec (-6%).
- November multi-family permits -11.3% vs. single-family +5.6%.
- YoY: Total permits -2.7%; Res. -6.9%; Non-res. +3.8%.

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