Ontario leads dramatic rise in building permits in Canada in October

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According to Statistics Canada, the value of building permits issued by municipalities rose 12.7 per cent to $7.5 billion in September which is a significantly a huge number when compared to the past rises in the building permits.

Statistics Canada says the increase resulted mostly from higher construction intentions for both non-residential and residential buildings in Ontario. The value of non-residential building permits rose 23.9 per cent to $3.1 billion in September — the fifth increase in six months.
The federal agency says six provinces posted higher non-residential construction intentions, led by Ontario.
On the residential side, the agency says the value of permits rose 6.1 per cent to $4.4 billion in September. It says seven provinces — again led by Ontario — posted gains, while Alberta, Saskatchewan and Manitoba had declines.

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