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<Econ> Canada Feb Building Permits Fall 8.4% MoM to CAD12.1B
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Data from Statistics Canada showed that the total value of building permits in Canada fell 8.4% MoM in February 2026 to CAD12.1 billion. Non-residential permits plunged 24%, marking the largest decline since April 2023. Institutional projects accounted for the bulk of the decrease, while the commercial and industrial segments contributed less. Residential permits partially offset the decline, rising to CAD8.1 billion, as growth in multi-unit construction outweighed weakness in single-family homes. (to/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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