Economy · 19 d ago
Building permits rise $1.1 billion to $13.6 billion in August
August permits, in billions of dollars
8.5 residential 5.1 non-residential
Statistics Canada says the gain came from homebuilding, where permits rose $1.1 billion to $8.5 billion. Non-residential permits stood at $5.1 billion.
Multi-unit
$5.8 billion
Single-family
$2.6 billion
Multi-unit buildings drove the increase, with permits rising to $5.8 billion, while single-family homes edged down to $2.6 billion.
Non-residential permits in August
- Commercial: down $380 million to $2.2 billion
- Industrial: up $317.3 million to $1.1 billion
- Institutional: up $32.9 million to $1.8 billion
Non-residential permits edged down $29.8 million: commercial plans fell $380 million to $2.2 billion, while industrial and institutional permits rose.
