Saskatchewan sees big rise in building permits
August 17, 2016
By
CCE
Total building permits in Saskatchewan saw a large increase in June 2016, up 28% compared to June last year. It was the highest percentage increase among the provinces. Looking at non-residential buildings alone, the permits were up 57.5% in June 2016 when compared to June of last year. This was the second highest percentage increase among provinces.
“The building permit values released today show that Saskatchewan continues to make gains in economic growth,” Economy Minister Bill Boyd said. “The short-term pressures we’re seeing in some areas of the economy are not hindering growth in other sectors.”
On a monthly basis, building permits in Saskatchewan jumped 72.4% from May 2016.
In contrast, as reported by Statistics Canada on August 9, the nation as a whole posted a decrease of 5.5% in the value of permits compared to the previous month.
To read the Government of Saskatchewan press release, click
http://www.saskatchewan.ca/government/news-and-media/2016/august/08/building-permits
To see Statistics Canada’s figures for construction permits for June 2016, click:
http://www.statcan.gc.ca/pub/64-001-x/2016006/part-partie1-eng.htm
