Building permit activity in Manitoba continued to seesaw in August, dropping nearly four per cent after soaring by more than 40 per cent in July.
Statistics Canada said today that Manitoba municipalities issued $296.1-million worth of permits in August. That was a decline of 3.9 per cent from the previous month’s revised total of $308 million.
The drop here was part of a broadly-based trend which saw permit activity decline in eight provinces in August, with Ontario, Alberta and Quebec posting the biggest decreases, Statistics Canada said.
That drove down Canada’s permit total for the month by 21.2 per cent to $6.3 billion from $8.0 billion in July. August’s decline followed a 21.4 per cent increase in permit values in July.
Although Manitoba’s August total was down from the previous month, it was still a 60.6 per cent improvement from a year earlier, when only $184.3-million worth of residential and non-residential permits were issued, the Statistics Canada data shows.