OTTAWA — The value of building permits issued by Canadian municipalities fell by 13.1 percent to $7.4 billion in March, StatCan reports, with declines reported in seven provinces and two territories. The $1.1 billion national decrease was the largest since August 2014. It reflected notable drops in Ontario (-12.9%), Quebec (-18.1%) and British Columbia (-19.4%), which coincided with efforts to slow the spread of COVID-19. The value of residential permits decreased 13.1 percent to $4.6 billion in March, including a 15.3 percent decline in single-family dwellings to $2.2 billion.
Building permits take biggest hit in almost six years
Most Recent
Most Read
RONA adds six new affiliate dealers
Fri, April 26th, 2024
King Marketing gathers national team, celebrates achievements of its reps
Fri, April 26th, 2024
Aaron Jarosz promoted to lead Home Depot Canada's pro services
Thu, April 25th, 2024
New owners for Canadian Tire store in Innisfil, Ont.
Thu, April 25th, 2024
United Hardware merges with Do it Best
Thu, April 25th, 2024
Throwback Thursday: Ten years ago, Home Depot Canada started using stores as online showrooms
Thu, April 25th, 2024
CEO shares plans for Home Hardware’s 60th anniversary
Wed, April 24th, 2024
West Fraser posts Q1 financials
Wed, April 24th, 2024
IKEA introduces online financial options
Wed, April 24th, 2024
Retail sales stable in February
Wed, April 24th, 2024