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Building permits, April 2019
Canadian municipalities issued a record $9.3 billion worth of building permits in April. The increase in the value of permits was almost entirely due to a planned change in development costs in Metro Vancouver. Nationally, the value of permits was up $1.2 billion in April, the largest increase since May 2007. Although six provinces reported higher values, British Columbia accounted for most of the gain. This was due to permits being issued ahead of the development cost increase in Metro Vancouver in May, the first change in costs in that region since 1997. Meanwhile, Quebec reported the largest decline, down $147 ... (full story)