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Canadian building permits -3.0% vs. 4.3% forecast

Published 07/05/2014, 13:30
Investing.com - The number of building permits issued in Canada rose less-than-expected last month, official data showed on Wednesday.

In a report, Statistics Canada said that Canadian building permits rose to a seasonally adjusted annual rate of -3.0%, from -11.3% in the prior month whose figure was revised up from -11.6%.

Analysts had expected Canadian building permits to rise to 4.3% last month.

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