News

Burnaby building permits at highest levels since 2008 downturn

It wasn't a record year, but 2013 building permit figures were at their highest level in Burnaby since the economic downturn of 2008.

Last year, permits with a construction value totalling $674.7 million were issued by Burnaby city hall, according to a city staff report.

That's up significantly from 2012 when permits valued at $514.7 million were issued, 2011 ($615.5 million) and 2010 ($539.7 million).

Burnaby's record year was in 2008, when it approved $792.4 million worth of permits.

The effects of the global economic downturn weren't felt until the following year, in 2009, when the figure plummeted to just under $422 million.

twitter.com/WandaChow

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.