Wed, 07 Aug 2013 14:20:08 GMT
Canada's building permits declined in June
Construction activity dropped in Canada in June amid fewer projects to build residential houses and commercial and industrial constructions. The value of approved construction permits fell 10.3% to $6.6 billion in June, while the value had a 5.8% gain in May. Analysts predicted the figure to decrease by 2.8%. Residential sector permit value lost 12.9%, while non-residential declined 6.1%.