The number of residential building permits issued in June ticked up slightly from May, but the overall value fell 1.8 per cent. Read more.
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The data, released Aug. 9 by Statistics Canada, showed the value decline was largely driven by Ontario, which experienced a significant drop of 11.4 per cent, or $358.1 million. The decline was noteworthy given the province had exhibited strong growth in May, primarily due to the initiation of large multi-unit projects.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.
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