Value of Canadian building permits issued in August rises 10.4% from July

OTTAWA - Statistics Canada says municipalities issued $7.3 billion worth of building permits in August, a 10.4 per cent increase compared with July.

Economists had expected a gain of 3.0 per cent, according to Thomson Reuters.

The improvement came as the value of residential building permits increased 9.6 per cent to $4.5 billion in August after four consecutive monthly decreases.

Statistics Canada says permits for both multi-family and single-family dwellings increased.

The value of permits for multi-family dwellings rose 14.7 per cent to $1.9 billion in August, while permits for single-family buildings rose 6.0 per cent to $2.5 billion.

In the non-residential sector, the value of permits issued by municipalities increased 11.6 per cent to $2.9 billion due to an increase in plans for commercial buildings and, to a lesser extent, industrial buildings.

Vernon RCMP Supt. responds to 'RISK IT OUT'
Editor,   I am concerned by significant inaccuracies that could compromise both officer and public safety, in the November 30th Infonews article by Charlotte Helston on RCMP staffing in Vernon. To set the record straight, I do
Editor's Note in response to allegations from Vernon RCMP Supt. Jim McNamara
Editor’s note: • Watch shifts at the Vernon detachment have fallen as low as three roadable officers. • The department suffers from chronic understaffing. • Sources, who we trust and who have knowledge of the situ

Top News