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CA building permits, June 2024
The total value of building permits in Canada fell 13.9% to $9.9 billion in June, extending the decline observed in May. Decreases were reported in 11 of the 13 provinces and territories, with both residential and non-residential sectors experiencing reductions. On a constant dollar basis (2017=100), the total value of building permits declined 14.3% in June, following a 13.4% decline in May. The total value of residential permits decreased 11.5% to $6.5 billion in June. Overall, 9 of the 13 provinces and territories contributed to this decline in residential permits. Substantial declines in multi-unit construction ... (full story)