Investing.com - The number of building permits issued in Canada rose more-than-expected last month, official data showed on Monday.
In a report, Statistics Canada said that Canadian building permits rose to a seasonally adjusted annual rate of 13.8%, from 2.2% in the prior month whose figure was revised up from 1.1%.
Analysts had expected Canadian building permits to rise to 3.1% last month.
In a report, Statistics Canada said that Canadian building permits rose to a seasonally adjusted annual rate of 13.8%, from 2.2% in the prior month whose figure was revised up from 1.1%.
Analysts had expected Canadian building permits to rise to 3.1% last month.