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OTTAWA–The value of building permits rose 1.8 per cent to $6.4 billion in July, mainly due to multi-family dwelling permits in Central Canada and industrial construction intentions in Saskatchewan.

The value of building permits rose 2.7 per cent in the residential sector, to $3.7 billion, largely on increases in the value of multi-family dwelling permits in Ontario, Quebec and Manitoba.

Statistics Canada reports the value of building permits edged up 0.6 per cent in the non-residential sector, to $2.7 billion.

An increase in industrial construction intentions more than offset declines in both commercial and institutional permits.

Municipalities issued $1.5 billion worth of permits for multi-family housing in July, up 9.6 per cent from June, after two straight monthly declines.

At the same time, single-family permits declined 1.4 per cent to $2.2 billion, with Ontario accounting for more than half the decline.

Municipalities approved 19,518 new residential dwellings in July, up 12 per cent.

Following a volatile pattern, the value of industrial permits increased 26.3 per cent to $503 million, following a 29.4 per cent decline in June.

Construction intentions for commercial buildings declined 3.7 per cent to $1.5 billion.

After three straight monthly increases, the value of institutional permits decreased 4 per cent to $759 million.

That drop was blamed mainly on declines in permits for health buildings in Ontario, Alberta and Quebec.

The value of building permits increased in six provinces in July no fax payday loans. The most significant increases were in Quebec (up 13.2 per cent to $1.3 billion).

The Canadian Press

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