Building permits rise in September

The total value of building permits in Canada increased by $1.3 billion or 11.5 percent to $13.0 billion in September, according to StatCan. Gains were led by Ontario, where construction intentions grew by $1.2 billion or 25.0 percent to $5.9 billion. Construction intentions for the residential sector rose by $540.7 million (7.5 percent) to $7.7 billion, with the single-family component up by $35.1 million.