P.E.I. building sector off to strong start in 2017
The value of building permits issued so far in 2017 is way up over last year, according to a report released last week by Statistics Canada.
Non-residential permits have particularly strong showing
The value of building permits issued so far in 2017 is way up over last year, according to a report released last week by Statistics Canada.
The report shows a seasonally adjusted value for building permits issued in January and February of $34.8 million, a 49 per cent increase over the first two months of 2016. Non-residential permits showed the biggest growth, up 280 per cent to $10.1 million.
Residential permits were up 19.6 per cent to $24.7 million.
2016 | 2017 | |
Total | $23.3M | $34.8M |
Residential | $20.7M | $24.7M |
Non-residential | $2.6M | $10.1M |
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