In July, the total value of building permits issued in Canada edged down $10.8 million (-0.1%) to $11.9 billion. Overall, the decrease in construction intentions was led by the non-residential sector (-$279.2 million), but this was largely offset by a rise in the residential sector (+$268.3 million).
On a constant dollar basis (2023=100), the total value of building permits issued in July declined 0.3% from the previous month and was down 8.2% on a year-over-year basis.
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