Wednesday, June 6, 2007

UPDATE 1-Canada April building permits down 8.4 pct

(Reuters) - The result outpaced analysts' forecasts of a 4.6 percent
decline. Statscan revised the March increase in building
permits to 26.5 percent from 27.4 percent previously.




Non-residential building permits taken out by contractors
were worth 18.9 percent less than those obtained in March, the
second-biggest decline in dollar terms since 1989.


Read more at Reuters.com Economic News

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