Released on May 6, 2013
Construction across Saskatchewan has picked up according to the latest building permit numbers released by Statistics Canada today. In March 2013, building permits in the province totalled $270 million, the highest on record for the month of March. This was a 22.6 per cent rise from March 2012, the third highest percentage increase in the nation.
“In spite of less than ideal weather conditions, Saskatchewan’s construction businesses were still able to make progress,” Economy Minister Bill Boyd said. “That says a lot about the quality of the companies and the skilled workers who make up one of our economy’s most important sectors.”
Non-residential building permits were up by 32.7 per cent on a year-over year basis, while residential permits were up 14.5 per cent over the same period.
On a month-over-month basis, building permits were up by 26.6 per cent between February 2013 and March 2013 on a seasonally adjusted basis.
“Saskatchewan’s economy is making gains at a steady pace,” Boyd said. “It’s the growth in residential and non-residential projects that’s making the difference, and that’s creating jobs and impacting overall economic growth.”
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For more information, contact:
Deb Young
Economy
Regina
Phone: 306-787-6315
Email: deb.young@gov.sk.ca