Investing.com - The number of building permits issued in Canada rose more-than-expected last month, official data showed on Thursday.
In a report, Statistics Canada said that Canadian building permits rose to a seasonally adjusted annual rate of 8.7%, from -4.6% in the preceding month whose figure was revised up from -7.0%.
Analysts had expected Canadian building permits to rise to -0.7% last month.
In a report, Statistics Canada said that Canadian building permits rose to a seasonally adjusted annual rate of 8.7%, from -4.6% in the preceding month whose figure was revised up from -7.0%.
Analysts had expected Canadian building permits to rise to -0.7% last month.