Statistics Canada reports building permits up $1.1B in August at $13.6B - BNN Bloomberg
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EconomicsPublished: October 14, 2026 at 9:30a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. OTTAWA — Statistics Canada says the total value of building permits issued in Canada in August rose $1.1 billion month-over-month to $13.6 billion, boosted by strength in the residential sector. The agency says construction intentions for the homebuilding sector rose $1.1 billion to $8.5 billion in August. The increase came as permits for multi-unit buildings rose to $5.8 billion, while the total value of permits for single-family homes edged down to $2.6 billion. The value of non-residential building permits edged lower by $29.8 million to $5.1 billion in August. The move came as plans for commercial construction fell $380 million to $2.2 billion, offset in part by a $317.3-million gain in the industrial sector which totalled $1.1 billion. The institutional building component rose $32.9 million to $1.8 billion. This report by The Canadian Press was first published Oct. 14, 2026.
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