May Canadian building permits +4.5% vs -6.2% exp

• Prior 10.5%. Revised to 11.5%
• Building permits rise 3.4% from a year ago.
• Non residential permits rise 5.0% to C$2.77bn
• Residential grow 4.2% in May to C$4.56bn

USD/CAD off 6 pips to 1.0548 from 1.0554