May 2015 Canadian building permits -14.5% vs -5.0% exp

Building permit data from Canada 8 July 2015

• Prior +11.6%. Revised to 12.1%
• Residential -13.5% vs +1.2% prior. Revised to 1.3%
• Non-res -16.0% vs 30.2% prior. revised to 31.7%

A sharp fall in permits following two months of double digit gains

Canadian building permits