Source: The Canadian Press
The value of building permits totalled $6.6 billion in June, up 6.5% from May and a 24.9% increase from a year earlier.
Statistics Canada reports June’s increase was due to the non-residential sector, which more than offset a decline in the residential sector.
The value of non-residential permits increased 23.5% from May to $3 billion.
The agency says that’s largely due to higher commercial and institutional construction intentions in Ontario and higher commercial construction intentions in Alberta.
The value of residential permits fell 4.5% to $3.6 billion in June, as a result of a drop in single-family housing permits.
The total value of permits was up in six provinces, led by Alberta, Newfoundland and Labrador and British Columbia, while Saskatchewan posted the largest decrease.
Non residential sector leads as building permits rise in June: StatsCan
Value of building permits jumps 25% from a year ago
- By: The Canadian Press
- August 5, 2010 August 5, 2010
- 09:32