Released on June 5, 2012
April building permits reached their highest value in Saskatchewan history, according to Statistics Canada. April building permits totalled $254 million (seasonally unadjusted).
"Every building permit represents a business space or home where Saskatchewan people will be able to work and raise a family," Economy Minister Bill Boyd said. "People from around the world are coming to Saskatchewan and new neighbourhoods and office buildings are going up across the province to meet that demand."
Saskatchewan residential building permits in April shot up by 52.5 per cent over the previous year (seasonally adjusted). That growth was more than five times higher than the national average increase of 9.6 per cent. On an annual basis, the total amount of building permits were up by 29.7 per cent.
"Saskatchewan continues to grow and set records and today's building permit numbers reinforce that point," Boyd said.
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For more information, contact:
Deb Young
Economy
Regina
Phone: 306-787-6315
Email: deb.young@enterprisesask.ca