November 06, 2015

Big Jump in Building Permits

Building permits in Saskatchewan took a big jump in September 2015, increasing 113.2 per cent over last year, according to Statistics Canada.  This was the highest percentage increase among the provinces on a seasonally adjusted basis.

“The substantial rise in building permits shows our construction sector continues to do well in Saskatchewan,” Economy Minister Bill Boyd said.  “This demonstrates long term confidence and commitment to growth in our economy, and shows we are making gains in some areas.”

Non-residential construction was up 365.9 per cent over last year, ranking Saskatchewan first among the provinces in that category.

Between August 2015 and September 2015, construction was up 109 per cent, the highest provincial increase in the nation.

“These are very good numbers, and the fact we surpassed all provinces both on an annual and a monthly basis is great news,” Boyd said.