The principal city between Calgary and Edmonton recorded less-than-stellar building permit totals for 2010.
Red Deer recorded $118.9 million in new permits for 2010, a decline of 15.6 per cent from the previous year, and the lowest total for the last five years.
Red Deer officials expect 2011 to show greater stability. They also note 2010 produced a fair amount of activity, if not as much expenditure.
"Although 2010 showed a decrease in building permit values, it remained a busy year within the inspections and licensing department as we dealt with an increased number of development permits related to secondary suites and a number of garage and deck permits," said Joyce Boon, co-manager of Red Deer's inspections and licensing department.
from Western Investor, February 2011
