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Condominiums under construction in Toronto. (Fred Lum/Fred Lum/The Globe and Mail)
Condominiums under construction in Toronto. (Fred Lum/Fred Lum/The Globe and Mail)

Building permits rise in October Add to ...

The value of building permits issued by municipalities rose 11.9 per cent to $6.3-billion in October after three straight monthly decreases.

Statistics Canada reports the increase came from the non-residential sector, particularly in Ontario.

The agency says six provinces are responsible for the overall increase in construction intentions, led by Ontario, Saskatchewan and Newfoundland and Labrador.

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Alberta posted the largest decline and its second straight monthly decrease.

The value of non-residential permits rose 32.8 per cent to $2.7-billion in October, driven by institutional buildings in Ontario and industrial buildings in Quebec, Alberta and Manitoba.

The value of residential permits edged down 0.1 per cent to $3.6-billion, largely due to declines in both multi-family and single-family dwellings in Alberta and multifamily dwellings in Nova Scotia.

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