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Canada building permits declined 3.7% in August

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The data released by the Statistics Canada on Wednesday showed the total value of building permits decreased 3.7% to $7.5 billion in August, following a revised increases of 15.5% in June and 0.7% in July (revised data).

    The actual figure missed the estimate of a 0.8% rise. The official report said the decline was attributable to lower construction intentions in most provinces, mainly British Columbia, Alberta, Quebec and Saskatchewan.
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