Canadian building permits rise in May

Mon Jul 8, 2013 8:37am EDT
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OTTAWA (Reuters) - The value of Canadian building permits unexpectedly rose in May, climbing by 4.5 percent from April, Statistics Canada data indicated on Monday.

The government agency also revised April data to show the value of permits rose 11.2 percent that month, compared with the 10.5 percent originally reported.

(Reporting by Alex Paterson; Writing by Jeffrey Hodgson Editing by W Simon)