The Daily
Monday, October 7, 2013
Released at 8:30 a.m. Eastern time
Canadian municipalities issued building permits worth $6.3 billion in August, down 21.2% from July. This decline followed a 21.4% increase the previous month and was the result of lower construction intentions in both non-residential and residential sectors. With this decline, the trend in the value of building permits has become relatively flat since the beginning of 2013.
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