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Canadian Building Permits Increase in January

Canadian building permits in January rose 4.0% from December 2019 to $9.2 billion (CAD) and were up 11.2% from the year-ago period.  January residential authorizations jumped 12.7% from the prior month to $5.78 billion and increased 8.5% from the comparable month in 2019.  Single-family totals in January increased 7.0% from the prior month to $2.37 billion, while multi-family levels gained 17.1% to $3.41 billion.  See Statistics Canada

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