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Building permits, November 2020
The total value of building permits rose 12.9% to $9.4 billion in November, the third highest value on record—with the highest value having been reached in April 2019. Much of this growth was led by large permits for multi-family dwellings in British Columbia and Ontario, and an office building in the city of Toronto. The value of residential permits rose to new heights in November, increasing 10.0% to $6.4 billion and breaking the previous record set in September 2020. Every province posted gains in this sector, except for Nova Scotia and Prince Edward Island, which reported slight declines. British Columbia led ... (full story)