Ontario Construction News staff writer
A decline in non-residential construction activity across the country in June forced the value of building permits down 1.5% – to $11.9 billion.
According to Statistics Canada, non-residential permits fell 10.4% to $3.7 billion, a contrast to May when the second-highest monthly value as recorded.
Across the country, commercial-sector permit values dropped 2.7%, while a permit for one office building in Toronto pushed Ontario to 37.5 increase.
Here’s what Statistics Canada reported:
- Residential permits up 3.1 per cent to $8.2 billion
- Multi-family building permits increased 6.5 per cent nationally and 24.8 in Ontario
- Construction intentions in the single-family home sector fell slightly across Canada, but jumped 2.1 per cent in Ontario
- Value of building permits across all sectors increased 2.8 per cent from the previous quarter to $35.9 billion
- Residential sector increased 7.2 per cent for the quarter
- Inventory of new residential units jumped 6 per cent after falling 7.8 per cent in the previous quarter
- Non-residential sector fell 5 per cent, with institutional sector dropping almost 20 per cent