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Tuesday, September 8, 2009
Released at 8:30 a.m. Eastern time
Contractors took out just over $4.6 billion worth of building permits in July, an 11.4% decrease from June. An important factor in the decline was a strike by civic workers in the city of Toronto, which shut down municipal offices for most of the month. Excluding Toronto, the total value of building permits declined by 1.8%.