Canada November building permits -3.9% vs -1.7% expected

<ul><li>Prior was +2.3%</li></ul><p>I'd like to highlight the 'constant dollars' there, or inflation-adjusted permits. It highlights a big problem for Canada, where the population is growing 3% per year but real construction has been steadily slowing for five years. That's a toxic mix.</p>

This article was written by Adam Button at www.forexlive.com.