Source: Statistics Canada
The value of building permits issued by Canadian municipalities rose 3.0 percent to $8.3 billion in July, largely due to increases in multi-family and commercial permits. Gains were reported in five provinces, with over one-third of the national increase in British Columbia. Quebec reported the largest decrease, down 4.0 percent to $1.6 billion due to lower construction intentions in all components of the non-residential sector.
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