(Source: Stats Canada)

The value of building permits rose 18.0% in October to $6.1 billion. The increase was mainly a result of gains in the value of non-residential permits and in construction intentions for single-family dwellings.

In the residential sector, the value of permits was up for a third consecutive month. Residential construction intentions climbed 3.8% to $3.4 billion. Ontario and Quebec accounted for much of the growth seen at the national level.

Read to full report, here.

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