The Canadian Building Permits indicator measures the change in the number of new building permits issued. It is one of the most important indicators of the construction sector. A reading that is higher than the market prediction is bullish for the Canadian dollar. Here are all the details, and 5 possible outcomes for USD/CAD. Published on Tuesday at 12:30 GMT. Indicator Background Strong growth in new building permits indicates an expanding construction sector, which in turn is a critical component of economic growth. Conversely, negative readings indicate a contracting construction industry. The indicator has been ... (full story)