SASKATCHEWAN Building Permits Update

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Saskatchewan building permits reached $165.1 million in December, an increase of 11 per cent from $148.7 million in November and nearly 18 per cent over the $140 million in permits issued in December 2015, Statistics Canada has reported.

However, December permits are down about half from $325.6 million in October 2015, the federal agency said, as reported in the Regina Leader-Post. Residential building permits declined 12.3 per cent to $76 million in December from $89.6 million in November. Saskatchewan was the only province to see a decrease in residential construction permits during the period, the report said.

Non-residential construction permits increased nearly 44 per cent to $89.1 million in December from $62.1 million in November. However, this represented a sharp decline from the $250.7 million in permits issued in October 2015.

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