Hey there, time traveller!
This article was published 6/7/2012 (1617 days ago), so information in it may no longer be current.
WINNIPEG — A surge in non-residential construction activity helped to propel Manitoba to one of the largest increases in building permit activity in the country in May, new figures show.
Statistics Canada said today that Manitoba municipalities issued $193.4-million worth of permits during the month. That was a 13.6 per cent increase from April’s total of $170.2 million.
The percentage gain was the fourth-largest in the country. Saskatchewan saw the biggest improvement, at 66.9 per cent.
All of Manitoba’s increase was on the non-residential side of the market, where permit values soared by 53.9 per cent to $99.4 million. The value of residential permits issued fell by 11 per cent to $94 million.
Nationally, Canadian municipalities issued $7.0 billion worth of permits in May. That was the highest level since May 2007, and was an increase of 7.4 per cent from April, StatsCan said.
It said the national gain was largely the result of higher construction intentions for institutional buildings British Columbia, Alberta, and Saskatchewan, and for multi-family dwellings in British Columbia.