Statistics Canada: Building Permits Update

OTTAWA — The total value of building permits rose 14.8% to $7.7 billion in June, following a 13.9% decrease in May. The increase in June was mainly attributable to higher construction intentions for multi-family dwellings in Quebec, Alberta and Ontario, as well as institutional buildings in Alberta and commercial buildings in British Columbia.
The value of permits was up in every province except Saskatchewan in June. Alberta, Quebec, Ontario and British Columbia registered the largest increases.
Construction intentions in the residential sector increased 15.9% to $4.6 billion in June, following a 13.2% decline the previous month. Gains were posted in nine provinces, led by Quebec, Alberta and Ontario. British Columbia registered a slight decrease. Read the entire report here.