August 2015 Canadian building permits -3.7% vs +0.8% exp

Highlights of the August 2015 Canadian building permits data report 7 October 2015

• Prior -0.6%. Prior revised to +0.7%

Pretty pointless data from Canada as we've already had the August starts numbers. Ok, it does give us intentions to build. Get your housing data while you can though as probably by this time next week they'll be under 20 foot of snow and ice until about June

USDCAD has picked up from another look under 1.3000 to 1.2986

On the breakdown, residential permits were down 5.1% vs the 8.9% gain in July and non-res was -1.1% vs -11.1% prior

Canadian building permits