world news - 08.05.2003
The value of building permits issued across Canada declined 4.4% in March to $3.6 billion, after falling 11.7% in February.
In spite of this, the storm of permits issued in January has left the sector
buoyant and off to a record start, with first quarter construction intentions
amounting to $11.8 billion. January's record level of $4.3 billion in building permits was more than
enough to push construction intentions to the first-quarter record. The level
for the first three months was up 6.6% from the first quarter of 2002 and 18.1%
from the first quarter of 2001. Municipalities issued $2.4 billion in residential permits in March, up 3.1%
from February. The value of non-residential permits declined 15.9%
to $1.3 billion, their lowest level in 11 months, mainly the result of a drop in
institutional construction intentions.
See also:
- — North American printing and writing paper demand was up 4.2% in March and 3.3% for the first quarter of 2003.
- — In March, world chemical market pulp producer inventories increased by 7 000 tonnes compared to the previous month.
- — Canada's exports of softwood plywood for Japan in 2002 dropped 33.7% against a year earlier ...
- — International Trade Fair of Woodworking Machines and Tools DREMA 2003 took in May 6th on Poznañ International Fair.
- — Production output in Russia's timber industry complex grew 1.6% during the first quarter of 2003