Statistics Canada reports value of building permits down 0.1% in July to $11.9B
Construct Connect Canada
AI Article Summary
In July, the total value of building permits in Canada slightly decreased by 0.1% to $11.9 billion, according to Statistics Canada. The decline was primarily due to a significant drop in the non-residential sector, which fell by 5.8%. However, this was nearly offset by a rise in the residential sector. Despite the overall decrease, the residential market showed positive growth.
