Canada March building permits -11.7% vs -3.3% expected

13/05/2024 | 12:30 GMT

Canadian building permit data for March

Prior was +9.3%

Permits in the non-residential component declined 16.7% to $4.0 billion, while the residential sector decreased by 8.3% to $6.5 billion. The decline comes after two months of gains and the overall gain for Q1 was +3.7% from Q4 2023.

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