Investment

In 2010, the total building permit value for the West Yellowhead region stood at $137.1 million, making up 1.2% of the provincial total.  In 2010, the total building permit value for the West Yellowhead region increased by 15.6% from 2009, but was 36% lower than the 2005 level.  The increase between 2009 and 2010 can be attributed to the commercial permit value increasing by $17.5 million or 60.5%, and the residential permit value by to $18.8 million or 33.4%.  Over the same period, industrial permits almost doubled to $10.3 million, while institutional permit values fell 81.3%.  Between 2005 and 2010, residential permits decreased by 33%.

The total number of dwelling units for which building permits were taken out in the West Yellowhead region in 2010 was 335.  This was a 16% increase from the previous year and a 72% decline from 2005 levels.  Over that five-year period, the number of multiple family dwelling units fell by 89% to 77 units in 2010.  Over the same period, the number of single dwellings declined by 45% to 258 units.


 

Date Updated:
RDP-2450