Non-residential building permits
Print this Article | Send to Colleague
The value of building permits issued by Canadian municipalities fell 5.8% to $7.0 billion in March, marking a second consecutive monthly decrease. The value of building permits for non-residential structures edged down 0.5% to $2.4 billion in March, a second consecutive monthly decline. Lower construction intentions for commercial buildings led the drop, moderated by gains in the institutional and industrial components. In March, construction intentions for commercial structures fell 7.6% to $1.3 billion. The institutional component climbed 9.1% to $658 million in March. The value of building permits issued for industrial structures rose 10.5% to $440 million in March.