Saskatchewan Building Permits See Largest Year Over Year Increase Among Provinces

Saskatchewan Building Permits See Largest Year Over Year Increase Among Provinces

Released on August 8, 2016

Building permits in Saskatchewan saw a large increase in June 2016, up 28.0 per cent over last year (seasonally-adjusted), the highest percentage increase among the provinces.

On the national front, building permits were down 12.9 per cent for the month, according to Statistics Canada.

Non-residential building permits in Saskatchewan were up 57.5 per cent in June 2016 when compared to June of last year, the second highest percentage increase among provinces.

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“The building permit values released today show that Saskatchewan continues to make gains in economic growth,” Economy Minister Bill Boyd said.  “The short-term pressures we’re seeing in some areas of the economy are not hindering growth in other sectors.”

On a monthly basis, building permits jumped 72.4 per cent from May 2016, a contrast from the 5.5 per cent decrease posted nationally.

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For more information, contact:

Deb Young
Economy
Regina
Phone: 306-787-4765
Email: deb.young@gov.sk.cadeb.young@gov.sk.ca

 

About prosperitysaskatchewan

Consultant on Saskatchewan's natural resources.

Posted on August 11, 2016, in economic impact, political. Bookmark the permalink. Leave a comment.

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