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Building permits, June 2023
The total monthly value of building permits in Canada increased 6.1% in June to $11.6 billion, with a notable 67.2% monthly increase (+$619.3 million) in the institutional component. On a constant dollar basis (2012=100), the total value of building permits went up 7.0% to $6.8 billion. The total monthly value of non-residential permits increased 20.4% to $4.7 billion in June. Declines in the commercial construction intentions (-7.7% or -$176.0 million) were more than offset by gains in the industrial (+51.0% or +$349.9 million) and institutional (+67.2% or +$619.3 million) components. The two highest-valued permits ... (full story)