Monday, April 06, 2009

BC Building Permits Up 86% Feb./Jan. 2009

Canadian Building Permits
Value $3.7 Billion Feb. 09


Nationally the value of building permits in Feb. declined by 15.9% compared with Jan. Still posting a total value of $3,700,000,000.00 for the month. The largest decrease came from the non-residential sector in Ontario.

British Columbia showed a remarkable increase for the period of 86.5% with permits for multiple dwellings nearly offsetting the declines in the residential sector in six provinces.

Value of building permits in BC last five months:

  • Oct. 2008 $861,100,000.00
  • Nov. 2008 $604,900,000.00
  • Dec. 2008 $357,300,000.00
  • Jan. 2009 $331,500.000.00
  • Feb. 2009 $618,400,000.00

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