• Canadian building permits declined 7.7% to $7.7 billion in November

Market news

10 January 2018

Canadian building permits declined 7.7% to $7.7 billion in November

The value of building permits issued by Canadian municipalities declined 7.7% to $7.7 billion in November, the first decrease in three months. Nationally, the value of permits for all building components declined, with the exception of single-family dwellings.

The value of building permits for non-residential structures fell 12.3% to $2.9 billion in November, following two monthly increases. The decline was spread over the three non-residential components (commercial, industrial and institutional).

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