• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

My Newsroom - powered by Martin Charlton Communications

Saskatchewan's Trusted News Source - powered by Martin Charlton Communications

  • Facebook
  • LinkedIn
  • Twitter
  • Home
  • Construction
  • Agriculture
  • Economy
  • Healthcare
  • Engineering
  • Sports
  • Business Blogs
  • About
g220105a001-eng
You are here: Home / Economy / Forecasting a Building Boom

MyNewsroom / January 6, 2022

Forecasting a Building Boom

It’s been a long-time coming but November appears to have been a breakout month for construction intentions.

We track this by looking at building permits being issued by local governments. It is the primary signal that investors have reached the point that they are willing to pull the trigger on a new project. And November was a watershed month in Saskatchewan.

We have been watching signs that this was possible…..commodity prices were rising and that pointed to an increase in cash flows headed out way. Investors who have been watching this trend for the better part of a year have now reached the point where they feel the time is right to capitalize on improving economic prospects by moving plans from the drawing board to the field.

Illustrating this transition is the value of building permits issued in this province in November…it was up about 60% over a year earlier and 50% ahead of the previous month so almost all of the gain came in November. Only PEI had a stronger gain.

Filed Under: Economy

MyNewsroom

The latest news in your inbox

Receive email updates from MyNewsroom and Martin Charlton Communications, including daily Paul Martin Commentaries.

Sign up

Primary Sidebar

The latest news in your inbox

Receive email updates from MyNewsroom and Martin Charlton Communications, including daily Paul Martin Commentaries.

Sign up

Featured

Province gets positive economic report card from TD

June 24, 2025 By MyNewsroom

Saskatchewan leads in retail sales

June 23, 2025 By MyNewsroom

Merger to create largest credit union in the province

June 20, 2025 By MyNewsroom

Footer

wetellyourstories.ca & mynewsroom.ca powered by
Martin Charlton Communications – Tel: 306 584 1000

Add your stories to mynewsroom

Connect with us

  • Facebook
  • LinkedIn
  • Twitter

© 2025 · mynewsroom.ca