Investment

In 2010, the total building permit value for the Slave Lake region reached a six-year high of $83.8 million, making up 0.7% of the provincial total.  In 2010, the total building permit value for this region increased by 34% from 2009, and was 32% higher than the 2005 level.  The increase between 2009 and 2010 can be attributed to a rather large increase in commercial permits of 509% to $56.8 million and a 104% jump in residential permits to $16.1 million.  Over the same period, industrial permits fell by 68%, while institutional permits decreased by 86% to $2.8 million.  Between 2005 and 2010, residential permits decreased by 15%.

The total number of dwelling units for which building permits were taken out in the Slave Lake region in 2010 was 85.  This was a 37% increase from the previous year but was a 33% decline from 2005 levels.  Over that five-year period, the number of multiple family dwelling units fell by 29% to 17 units in 2010.  Over the same period, the number of single dwellings decreased by 34% to 68 units.


Date Updated:
RDP-2447