Building permits rise across all categories in February

The value of building permits in Canada increased 9.3 percent month-over-month to $11.8 billion in February, StatCan reports. The value of residential permits increased 7.4 percent to $7.1 billion, with Ontario’s increase (14.2 percent to $2.8 billion) contributing the most in both the single- and multi-family sectors. Overall, the value of single-family permits was up 9.6 percent or $248.2 million. The non-residential sector grew 12.3 percent to $4.7 billion.