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Canadian building permits -13.8% vs. 1.0% forecast

Published 09/01/2015, 13:30
Updated 09/01/2015, 13:35
© Reuters. Canadian building permits -13.8% vs. 1.0% forecast
Investing.com - The number of building permits issued in Canada fell unexpectedly last month, official data showed on Friday.

In a report, Statistics Canada said that Canadian building permits fell to a seasonally adjusted annual rate of -13.8%, from 2.1% in the prior month whose figure was revised up from 0.7%.

Analysts had expected Canadian building permits to rise to 1.0% last month.

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