Province
The value of residential building permits rose 9.4 per cent in September, but gains in that sector were offset by a 9.1-per-cent drop in nonresidential permits, Statistics Canada said Thursday.
Overall, permits were up 1.6 per cent to $5.1 billion during the month — the second straight monthly increase, the federal agency said.
“Overall, the value of building permits fell in three provinces (B.C., Manitoba, Newfoundland and Labrador) and two territories (Nunavut and Yukon),” the agency said.
In B.C., the overall value of permits fell by 27.3 per cent, the country’s sharpest decrease. B.C., however, had Canada’s highest increase in the value of residential permits, up 39 per cent.
Nationally, the value of residential permits rose to $3.2 billion, the highest level since September 2008. Permits were issued for 7,835 multi-family units in September, up 27.8 per cent.
Permits for single-family homes rose enough in six other provinces to offset a 5.4-per-cent drop in Ontario and send the overall value up 0.2 per cent, to $2.1 billion.
In all, municipalities approved permits for 15,250 new dwellings across the country in September, an increase of 13.3 per cent.
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