Canadian municipalities issued building permits worth $6.3 billion in August, down 21.2% from July. This decline followed a 21.4% increase the previous month and was the result of lower construction intentions in both non-residential and residential sectors. With this decline, the trend in the value of building permits has become relatively flat since the beginning of 2013. With the exception of British Columbia and Newfoundland and Labrador, every province registered declines in August with Ontario, Alberta and Quebec posting the largest decreases.In the non-residential sector, the total value of building permits ... (full story)