[Brutopian]

Sask. leads provinces in building permits

LEADER-POST OCTOBER 6, 2012

Saskatchewan led the provinces in the percentage increase in the value of building permits in August, on both a year-over-year and month-to-month basis, according to a report issued Friday by Statistics Canada.

Building permits in the province rose 48 per cent to $318.4 million (seasonally adjusted) in August over $215.3 million in August 2011, the highest percentage increase among the provinces and more than double the national average increase of 22 per cent.

Permits were up for both the residential and non-residential sectors on an annual basis. Residential permits rose by 49 per cent while non-resident permits were up by 46 per cent.

On a month-to-month basis, building permits in the province were also up, increasing 32 per cent between August and July. Again, Saskatchewan ranked first among the provinces, four times the eight-per-cent increase recorded nationally.

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