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The Daily Thursday, December 8, 2016

Press Release

December 8, 2016

Building permits, October 2016

Municipalities issued $7.6 billion worth of building permits in October, up 8.7% from September. Higher construction intentions for commercial structures and residential dwellings in Alberta were responsible for much of the gain.

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Industrial capacity utilization rates, third quarter 2016

Canadian industries operated at 81.9% of their production capacity in the third quarter, up from 79.7% in the previous quarter. The increase was mainly attributable to the oil and gas extraction industry as operations resumed following the Fort McMurray wildfires.

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New Housing Price Index, October 2016

The New Housing Price Index (NHPI) rose 0.4% in October compared with the previous month. The combined region of Toronto and Oshawa contributed the most to the monthly increase.

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