Canadian building permit issuance has experienced a significant slump, reaching its lowest level in over three years. Concerns surrounding the pent-up demand for housing in the country have played a role in this decline. According to Statistics Canada, the total value of building permits dropped by 14% in December, amounting to a seasonally adjusted 9.25 billion Canadian … [Read more...] about Canadian Building Permits Hit a 3-Year Low in December 2023