- Prior 1.1%. Revised to 2.2%
- Residential 9.5% vs 2.8% in April
- Non-residential 20.8% vs 1.2% prior
Non-residential was driven by a 39.4% rise in commercial property
That’s a big jump in permits and USD/CAD drops 11 pips to 1.0631
Canadian building permits 07 07 2014
