Feedback

Subscriber Login

MDM Premium Content  What's this?
Close
Subscribe today to access MDM's premium content with two issues a month of timely and to-the-point content for the busy wholesale distribution executive. Here's what you get:
  • Analysis of distribution trends
  • Interviews with industry leaders
  • Quarterly Public Distributor Report
  • Quarterly Inflation by Commodity Group Report
  • Market and economic data analysis
  • Access to the best online research tool in distribution

And much more! Learn more

login close
Forgot Your Password?
For more precise results try using quotation marks ("") around your search terms. See more search tips.
subscribe_yellow Lock in savings now before June 1 rate increase!
renew_blue


 

Home » Canadian Building Permits Grow in December

Canadian Building Permits Grow in December

By    MDM  Staff 
February 4, 2010
More about:  Building Materials/Construction Distribution,  Canada,  Economic Trends
Increase in value of permits attributable to non-residential sector, Statistics Canada reports.
Text Size
Email Print Reprints

Canadian contractors took out $6.2 billion in building permits in December, up 2.4% from November and 32.6% higher than in December 2008, according to Statistics Canada.
 
The increase in the value of permits in December was entirely due to the non-residential sector. Conversely, the upward trend in the total value of construction intentions in 2009 was largely due to the residential sector.
 
In the non-residential sector, municipalities issued permits worth $2.3 billion, 6.8% more than in November and 13.3% more than in December 2008. The December 2009 increase stems primarily from an increase in the commercial components in Alberta and Ontario.
 
In the residential sector, the value of permits remained steady at $3.9 billion. Declines in Ontario, Alberta and Manitoba were offset by a gain in British Columbia. In recent months, the value of permits has started to approach the peak reached before the economic slowdown.
 
In December, the total value of construction intentions rose in seven provinces, led by Alberta and British Columbia.
 
Non-residential sector: The commercial component is up
The value of commercial building permits increased for the third straight month, advancing 29.2% to $1.5 billion in December. The consecutive gains raised the level of construction intentions for commercial buildings to their highest point in 2009. The December increase was largely due to construction intentions for office buildings in Ontario and Alberta.
 
In the institutional component, municipalities issued permits worth $514 million in December, down 21.9%. It was the second consecutive decline. Alberta and Ontario posted decreases as a result of a decline in the value of building permits for educational institutions.
 
After reaching their peak for the year in October 2009, construction intentions in the industrial component were down in December for the second straight month. Intentions declined 19.0% to $240 million, after falling 57.7% in November. Ontario led the seven provinces that posted lower construction intentions.
 
Residential sector: Lower intentions for single-family permits
After nine consecutive monthly increases, the value of building permits for single-family dwellings declined 1.3% to $2.5 billion. The declines in Alberta, Ontario and Saskatchewan more than offset the gains recorded in the other seven provinces. British Columbia and Nova Scotia posted the largest advances in single-family construction intentions.
 
Municipalities issued $1.3 billion worth of permits for multi-family dwellings in December, up 2.1% from November. The increase resulted from higher construction intentions in four provinces, including British Columbia and Alberta.
 
At the national level, municipalities approved the construction of 18,321 new dwellings in December, up 2.4%. The gain was attributable to multi-family dwellings, which rose 5.5% to 9,406 units. The number of single-family dwellings approved declined 0.6% to 8,915 units.
 
Alberta and British Columbia post the largest gains
The value of building permits was up in seven provinces. The most significant increases were in Alberta and British Columbia. In Alberta, the advance in the value of permits was attributable to the commercial component and to multi-family dwellings. British Columbia's gain was due to the residential sector.
 
Manitoba posted the largest drop in December, as a result of declines in both the non-residential and residential sectors. Nova Scotia and Newfoundland and Labrador posted declines resulting from their non-residential sectors.
 
Value of permits down in more than half of all metropolitan areas
The total value of permits fell in 19 of the 34 census metropolitan areas. The largest declines were in Edmonton and Ottawa. In Edmonton, the increase in multi-family dwellings did not offset declines in all other components. Similarly, Ottawa recorded a decline in every component except permits for commercial buildings.
 
In contrast, the largest gains were in Calgary, Toronto, Greater Sudbury and Vancouver. In Calgary and Toronto, the increase was due to non-residential building permits and multi-family dwellings. In Greater Sudbury, it was driven by fee increases taking effect in 2010, which raised the number and the value of permits for both the

Print Email Reprints
Use the form below to leave a comment

MDM Digital

Executive Briefing: May 2012Critical Profit Drivers
in Distribution
Al Bates, Profit Planning Group, speaks frankly about the most important factors to driving profit. Watch now.
iPad users: click here to view.		 Economic Update April 2012 Economic Update:
Behind the Moderation
MAPI Economist Cliff Waldman discusses some of the factors behind the slowing economic recovery. Watch now.
7 Minutes With7 Minutes With ...
Bell Electrical Supply
CEO Burt Schraga discusses the importance of building a strong culture in his organization. Watch now.		 More Audio and Video Features from MDM:

  • MDM Podcast

Think About It:
Back to the Basics

We all forget the basics sometimes. Todd Youngblood shares his recent reminder of that fact.

Listen now.

Learn more or subscribe to the Think About It podcast.

  • Featured

USAbrasives-100-for-trifecta

U.S. Abrasives Market Demand Report

This report provides a three-dimensional view into estimated market size, customer segment potential and customer size demographics for the U.S. Abrasives Market.

These three data slices give you deep insight into total market potential and your market share by both customer type and size for the U.S. and all 50 states.

Learn more about the U.S. Abrasives Market Demand Report

Training Resources

Current Issue   Inventory Management   MDM_Special_Report_ecommerce   Benchmarks and Best Practices

Featured Article: What AmazonSupply.com Means for Independent Distributors

$34.95

Buy now >>

Inventory Management Best Practices with Jon Schreibfeder: DVD + Book

$119.00

Buy now >>

The State of E-Commerce and Catalogs in Distribution

$44.95

Buy now >>

Benchmarks & Best Practices: The Answer Book for Growth-Minded CFOs & Controllers

$249.00

Buy now >>
Job Board
Title Company Location
Digital Strategy Manager Border States Electric Fargo North Dakota
Risk Manager Border States Electric Fargo ND
Purchasing Manager PCA SKIN Scottsdale, AZ
BUSINESS DEVELOPMENT MANAGER Graybar Electric Company Denver, CO
INDUSTRIAL OUTSIDE SALES REPRESENTATIVE Graybar Electric Company Phoenix, AZ
General Manager Applied Industrial Technologies Norfolk, VA
Rubber Specialist Applied Industrial Technologies Baltimore, MD
View ALL Wholesale Distribution Job Listings

Industry Topics

Distribution Trends RSS

Economic Trends RSS

Distribution Management & Strategy RSS

Distribution Interviews RSS

Distribution Operations Strategy RSS

Distribution Technology RSS

Distribution & Manufacturing Acquisitions RSS

Distribution Case Studies RSS

Distribution Sales & Marketing RSS

MDM Premium

May 10, 2012  

MDM May 10, 2012, Cover Image

Amazon Makes Its Move

Uncover Unexpected Cross-Selling Opportunities

10 Ways to Measure the Success of Channel Partnerships

subscribe now View Table of Contents >>
Subscribers: Log-in
View Previous Issues


MDM Calendar

Strategic Planning for Distributors

June 7, 2012 - June 7, 2012

Featured Products

answer book for CFOs and Controllers

Benchmarks & Best Practices: The Answer Book for Growth-Minded CFOs & Controllers

Reviews (0)
 
Price: $249.00
An ultra practical idea-guide that gives an inside look at how leading companies are dealing with some of today's toughest financial and business management challenges.
Distribution Landscape Report - 2011

2011 MDM Market Leaders and Distribution Landscape Report

Reviews (0)
 
Price: $295.00
The ideal resource for anyone that wants to get a quick overview of the distribution landscape and the top players in major sectors! Includes the 2011 Distribution M&A Special Report.
B-to-B Online Marketing Toolkit Cover

The B-to-B Online Marketing Toolkit:
A Step-by-Step Plan for Distributors and Manufacturers to Leverage Online Marketing for Bottom Line Results

Reviews (0)
 
Price: $249.00
The 2011 Edition of this valuable marketing tool provides a step-by-step plan for leveraging Online Marketing to produce Bottom-Line Results. Bulk pricing available.


tech directory: start your search here

 

Top10_MDMcallout
GetMyFreeReport


Sponsored Links