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Building permits, September 2023
The total monthly value of building permits in Canada decreased 6.5% in September to $11.2 billion, with most of the drop attributed to the monthly decline in the institutional component. On a constant dollar basis (2012=100), the total value of building permits was down 7.5% to $6.4 billion in September. The total monthly value of residential permits increased 4.3% to $7.2 billion in September, led by a 37.2% monthly increase in construction intentions in British Columbia. Residential permits issued in the census metropolitan areas (CMAs) of Vancouver, Kelowna, and Victoria together made up 77.3% of the value of ... (full story)