Released on May 7, 2015
Non-residential building permits in Saskatchewan were up 98.7 per cent in March 2015 when compared to March of last year according to Statistics Canada. That’s the highest percentage increase among the provinces.“The short-term pressures we’re seeing in some areas of the economy are not hindering growth in other areas,” Economy Minister Bill Boyd said. “Looking at the building permit values today, and the strength in non-residential construction, Saskatchewan will continue to lead economic growth in the nation.”
Total building permits increased 24.3 per cent over last March, the second highest percentage increase among the provinces. Nationally, permits were up 13.0 per cent.
On a monthly basis, permits climbed 24.3 per cent between February 2015 and March 2015, again the second best among the provinces and more than double the 11.6 per cent posted nationally.
“Saskatchewan’s economy continues to move forward, with businesses continuing to invest in new construction projects,” Boyd said. “We are fortunate to have this diversified economy in the province which is truly helping to create opportunities, and create jobs that benefit Saskatchewan people.”
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For more information, contact:
Deb Young
Economy
Regina
Phone: 306-787-4765
Email: deb.young@gov.sk.ca