Canada March building permits rise 8.6%

The value of Canadian building permits surged past expectations in March to jump by 8.6 percent, primarily due to non-residential construction plans but also helped by a rebound in multi-family housing, Statistics Canada said on Monday.

Market players in a Reuters poll had forecast a 1 percent increase in building permits in the month. Statscan revised its February figure to a gain of 1.5 percent, from 1.7 percent.

Read more: http://tinyurl.com/c99mxdu

Town issues first quarter building stats for 2013

The Town of Stony Plain has released its first quarter building statistics for 2013.

While the number of permits issued for new residential construction is down slightly from the same time-period last year – from 39 to 36, total construction values have increased by 13.87 per cent – from $7,804,643 in 2012 to $8,886,862 in 2013. Quarterly residential building stats reflect new construction for single-family, medium-density and high-density housing.

Read more: http://tinyurl.com/a22n4y5