Municipalities in Canada issued $6.5 billion in building permits in September, up 13.4% following an 11.7% decline in August. September’s increase was the result of gains in all three components of the non-residential sector. The total value of building permits increased in seven provinces and two territories.
In the non-residential sector, the value of permits rose 41.7% to $3.2 billion. This increase was generated by a substantial gain in institutional permits, and lesser increases in the industrial and commercial components. Major increases occurred in Ontario, Saskatchewan and Alberta.
In the residential sector, the value of permits fell for the second month in a row and the sixth time in nine months. Housing permits declined …
Canadian Building Permits Up 13.4% in September
Municipalities in Canada issued $6.5 billion in building permits in September, up 13.4% following an 11.7% decline in August. September’s increase was the result of gains in all three components of the non-residential sector. The total value of building permits increased in seven provinces and two territories.
In the non-residential sector, the value of permits rose 41.7% to $3.2 billion. This increase was generated by a substantial gain in institutional permits, and lesser increases in the industrial and commercial components. Major increases occurred in Ontario, Saskatchewan and Alberta.
In the residential sector, the value of permits fell for the second month in a row and the sixth time in nine months. Housing permits declined …
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