Building permits increase in September

The value of building permits issued in September was 12.7 per cent higher in September following a drop of almost a third the previous month.

The value of building permits issued in September was 12.7 per cent higher in September following a drop of almost a third the previous month. Ontario led the way with non-residential permits up 23.9 per cent; Quebec and Nova Scotia are also higher; but Alberta saw a sharp decline, particularly in the condo market, along with lower figures for Newfoundland and Labrador. Multi-family units saw gains of 10.8 per cent after a 28 per cent drop in August; single-family dwellings rose 2.5 per cent following a 2.3 per cent drop in August.