Canada Building Permits (MoM) climb 3.4% in August
|
Building Permits in Canada increased 3.4% on a monthly basis in August. This reading followed the 3.8% decline (revised from 1.5%) recorded in July and came in better than the market expectation for a decrease of 0.8%.
What is the Canada Building Permits (MoM)?
The Building Permits released by the Statistics Canada shows the number of permits for new construction projects. It implies the movement of corporate investments (the Canadian economic development). It tends to cause some volatility to the CAD. The more growing number of permits, the more positive (or bullish) for the CAD.
When is the next Canada Building Permits (MoM) report released?
The next Canada Building Permits (MoM) data will be published on November 2 at 12:30 GMT
Canadian Dollar price today
The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | 0.02% | -0.10% | 0.13% | 0.24% | 0.23% | 0.41% | -0.24% | |
| EUR | 0.04% | -0.06% | 0.16% | 0.25% | 0.26% | 0.44% | -0.22% | |
| GBP | 0.14% | 0.16% | 0.22% | 0.36% | 0.33% | 0.52% | -0.09% | |
| CAD | -0.13% | -0.11% | -0.21% | 0.11% | 0.08% | 0.29% | -0.37% | |
| AUD | -0.24% | -0.21% | -0.33% | -0.11% | -0.04% | 0.16% | -0.46% | |
| JPY | -0.20% | -0.21% | -0.33% | -0.09% | 0.05% | 0.22% | -0.42% | |
| NZD | -0.41% | -0.40% | -0.53% | -0.29% | -0.14% | -0.19% | -0.62% | |
| CHF | 0.24% | 0.21% | 0.09% | 0.32% | 0.46% | 0.42% | 0.60% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.