News

  • Latest Building Permits & Labour Market Reports Now Available!

    The value of building permits issued by local governments is a “leading indicator” for construction activity over the next six to twelve months. The value of residential and non-residential permits issued in March 2018 was $133 million. Even accounting for the fact that March is typically a slow month this is a particularly low value; permits were down 10% from March a year ago and the value in the first quarter is off 18% from a year ago.

    Read the full March 2018 Building Permit Report.

    The labour market is effectively flat in early 2018 with small increases in some months and small decreases in others. April is one of the slow months with a 0.3% year-over-year decline. This brings employment in the first four months down 0.3% from the same period in 2017.
     
    Construction is one of the sectors that is contributing to the lack of growth. Counting heavy construction and both the residential and non-residential building sectors, employment in April was 45,900 which is effectively the same as the 45,800 in April 2017.

    Read the full April 2018 Labour Market Report.


    This report was prepared for the SCA by the Sask Trends Monitor.

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