January 10, 2018 5:51 pm
Updated: January 11, 2018 7:31 am

Saskatchewan posts 3rd highest building permit increase among provinces

Building permits in Saskatchewan fro November 2017 were up 17.3 per cent year-over-year.

File / Global News

The number of building permits issued in Saskatchewan is on the rise.

Last November’s building permits were up 17.3 per cent, seasonally adjusted, over November 2016.

READ MORE: Saskatoon’s apartment vacancy rate highest in Canada

This was the third highest increase year-over-year among Canada’s provinces and well ahead of the 1.3 per cent posted nationally.

“Stronger building permit numbers is a good sign for the province’s construction sector and overall economy,” Saskatchewan Economy Minister Steven Bonk said in a press release.

“Compared to the national average of only 1.3 per cent, Saskatchewan is showing its continued strength at 17.3 per cent.”

READ MORE: City of Regina legally obligated in granting new Capital Pointe building permit

The majority of the growth was in non-residential permits, which climbed 49.3 per cent.

The total value of Saskatchewan building permits issued in November 2017 was $181 million, according to officials with the ministry.

© 2018 Global News, a division of Corus Entertainment Inc.

Report an error


Want to discuss? Please read our Commenting Policy first.