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Canadian building permits rose in December from the previous month and were up a whopping 32% from the same period the year before, according to official data released Thursday.
Contractors took out $6.2 billion in building permits in December, up 2.4% from November and 32.6% higher than in December 2008, Statistics Canada announced.
Permits had slumped a revised 3.2% in November.
The increase in the value of permits in December was entirely due to the non-residential sector. Conversely, the upward trend in the total value of construction intentions in 2009 was largely due to the residential sector.
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