Month over month, the total value of building permits in Canada decreased 11.7% to $10.5 billion in March. Construction intentions in the non-residential component declined 16.7% to $4.0 billion, while the residential sector decreased by 8.3% to $6.5 billion. Declines were observed in all components except for the commercial component. On a constant dollar basis (2017=100), the total value of building permits fell 11.6% in March, following two consecutive months of increases. Non-residential construction intentions decreased 16.7% to $4.0 billion in March, with reductions in the industrial (-46.1%; -$629.8 million) ... (full story)