Ontario Leads June Building Permit Gains


The total value of building permits rose 6.9 per cent to $10.3 billion in June, says Statistics Canada. Seven provinces contributed to the gain, led by Ontario, which jumped 22.7 per cent, while Quebec reported the largest decrease (29.9 per cent), pulling back from a record high in May. The value of residential building permits increased 9.1 per cent to $7.2 billion, following two months of lower construction intentions. The non-residential sector advanced 2.2 per cent to $3.1 billion. On a constant dollar basis, building permits increased 5.2 per cent to $7.2 billion. Construction intentions for single-family dwellings increased 4.7 per cent to $3.4 billion. Seven provinces saw gains in this component, led by Ontario and Alberta. Overall, the value of residential building permits increased 9.1 per cent to $7.2 billion, following two months of lower construction intentions. In the non-residential sector, the value of commercial permits rose 7.4 per cent to $1.7 billion, industrial permits increased 2.3 per cent to $526 million, and institutional permits were down, falling 6.7 per cent to $871 million. Total building permits declined 1.7 per cent to $31 billion in the second quarter of 2021 compared with the previous period. Despite this, the value of building permits remained the second highest on record and was 38.5 per cent above the same quarter in 2020, which was heavily impacted by COVID-19 restrictions in the construction industry.