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Building Permits Fell In April, Led By Ontario

Housing

First Posted: 06/06/11 11:08 AM ET Updated: 08/06/11 06:12 AM ET

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THE CANADIAN PRESS -- OTTAWA - The value of building permits fell 21.1 per cent to $5.3 billion in April after increases in February and March.

Statistics Canada reports the non-residential and residential sectors both declined in April, with Ontario posting the largest decrease.

The value of non-residential permits fell 33.2 per cent to $1.9 billion, due primarily to lower construction intentions for institutional buildings in Ontario.

Residential permits came in at $3.5 billion, down 12.6 per cent from March.

StatsCan blamed the decrease mainly on a drop in Ontario's multi-family component.

The total value of permits fell in seven provinces, with Alberta, New Brunswick and Newfoundland and Labrador posting gains.

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THE CANADIAN PRESS -- OTTAWA - The value of building permits fell 21.1 per cent to $5.3 billion in April after increases in February and March. Statistics Canada reports the non-residential and res...
THE CANADIAN PRESS -- OTTAWA - The value of building permits fell 21.1 per cent to $5.3 billion in April after increases in February and March. Statistics Canada reports the non-residential and res...
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HUFFPOST SUPER USER
haselcheck
Had enuff...Get active....
82 Fans
11:26 AM on 06/07/2011
We were planning to build a new residence in Wellington County. I cancelled plans for a building permit once I found out that a Wind Energy Company was planning to build an Industrial Wind Farm at the next intersection. There are too many unanswered questions about property values, health effects, etc related to Industrial Wind.
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