Non-Residential Building Permits Up 25% in Alberta and Saskatchewan
Filed in archive Economic Outlook on December 27, 2006
I have been helping a client try to find retail space and can attest to the challenge of finding commercial space here in Edmonton. The latest statistics from Stats Can show significant year-over-year increases:
The East-West divide in economic activity in the country is now most evident in non-residential building. All the Western provinces posted gains in October in this sector, and year-over-year increases were just over 25% in Alberta and Saskatchewan. Commercial construction led growth, especially in Alberta where the office vacancy rate was near zero. Via The Daily
As I drive around south Edmonton, entire new business parks have sprung up seemingly overnight.
Tags: NonResidential Building Permits Gains Alberta Saskatchewan business small+business
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