OTTAWA — Contractors took out $6.8 billion worth of building permits in November, down 6.7% from October, StatCan reported. This decline follows an 8.0% gain the previous month. Despite this monthly decrease, the total value of permits continued to show a slight upward trend on the strength of eight monthly increases since the beginning of 2013. Lower construction intentions, particularly for the residential sector in Quebec and Ontario, were behind the decline in November.
Building permits fall in November
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024