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Building permits, September 2019
The total value of building permits issued by Canadian municipalities decreased 6.5% to $8.3 billion in September, largely due to declines in the residential sector. Gains were reported in four provinces, with the largest increase in Alberta (+7.2% to $1.0 billion). The largest decline was in Quebec (-20.5% to $1.5 billion), mostly due to a drop in the value of permits for multi-family dwellings. The value of residential building permits was down 10.7% to $5.1 billion in September. The value of permits issued for multi-family dwellings fell 12.1% to $2.9 billion, with declines in eight provinces, while Nova Scotia ... (full story)