image

LendingMax - News & Rate Advisor News & Rate Advisor
To sign up for our monthly news letter, please fill in the fields below.



LendingMax - Todays Rates Today's Rates
2.80% Variable Rate
2.89% 1 Year
2.99% 2 Year
3.09% 3 Year
3.29% 4 Year
3.39% 5 Year
3.99% 7 Year
4.79% 10 Year
3.00% Prime Rate
4.45% 6 Month

 

Each Verico broker is an independent owner/operator.

Home Purchase

Mortgage rates are the lowest they have been in 50 years. We'll find you the best mortgage rates and terms in Canada.

 

Get Approved...
image

 


Mortgage Switch

STOP...Don't sign that mortgage renewal form before you talk to us about our rates and terms...

 

 
Switch Today...
image

 


National building permits down marginally

print article
reprint articles
bookmark this site

Small drop in permits


Bruce Schoenne, RI, AACI, P.App.
Aug 7, 2006 - 6:22:00 PM
RSS RSS?

June 2006

The value of building permits dropped only slightly in June, but would have been much worse it not for a sharp increase in industrial projects in Alberta.

Overall building permits declined 1.4% from May to $5.3 billion. Even so, the value of permits surpassed the $5.0 billion mark for the seventh consecutive month, and it was 1.0% higher than the average monthly level recorded since the beginning of the year.

Alberta was a huge driving force in the number of permits issued, in fact, if Alberta figures were removed, the total value of building permits would have declined 7.2%.

Nationally, the total value of residential permits declined 1.3% to $3.2 billion. A decline in the value of multi-family permits more than offset a gain in single-family. After peaking at the end of 2005, the value of residential permits has been on a soft declining trend.

Construction intentions in the non-residential component fell 1.4% to $2.1 billion. A strong gain in the industrial component was more than offset by declines in both the commercial and institutional components.

The July building permit estimate will be released on September 7.

Previous release on building permits.

 


Statistics Canada information is used with the permission of Statistics Canada. Users are forbidden to copy the data and redisseminate them, in an original or modified form, for commercial purposes, without the expressed permission of Statistics Canada. Information on the availability of the wide range of data from Statistics Canada can be obtained from Statistics Canada's Regional Offices, its World Wide Web site at http://www.statcan.ca, and its toll-free access number 1-800-263-1136.


LendingMax - Mortgage solutions for Canadians.

 


Home Apply Now Calculator Client Login Privacy Security Contact Faq Link to Us Stats About Legal Lenders Site Map Terms

Copyright 2010 LendingMax All Rights Reserved.
*some restrictions may apply

Powered by GoMAX Solutions.