Friday, August 3, 2007

UPDATE 1-Canada June building permits 2nd highest on record

(Reuters) - Analysts had expected permits to retreat by 9.8 percent in
June after double-digit growth the previous month had taken
them by surprise. Statscan revised upward the May increase to
23.2 percent from the 21.4 percent reported last month.




"The back-to-back performances point to very busy
construction sites in the coming months," Statscan said in its
report.


Read more at Reuters.com Economic News

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