The value of building permits issued in the province in April fell by 16% compared to the same month in 2010 according to information released on Monday by Statistics Canada.
Permits in April 2010 were valued at $94 million and $79 million in April 2011. permit values in February 2011 were more than $85 million and $61 million in March 2011.
Building permits in St. John’s were up for the second straight month. However, April permits were down 8.6% compared to April 2010.
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