Hey there, time traveller!
This article was published 6/11/2013 (963 days ago), so information in it may no longer be current.
Building-permit activity in Manitoba declined at the fastest pace in the country in September, according to new Statistics Canada data released today.
The agency said Manitoba municipalities issued $227.4 million worth of residential and non-residential permits during the month. That was a drop of 24 per cent from August’s total of $298.7 million.
That was far and away the largest percentage decline among the four provinces that posted weaker numbers. The other three recorded only single-digit drops.
The decline here followed a three per cent dip in August, and a nearly 42 per cent spike in permit activity in July.
The drop-off was concentrated on the non-residential side of the industry, where the permit total plunged 50.6 per cent to $80.1 million from $162.1 million in July. The value of residential permits issued increased 7.8 per cent to $147.3 million from $136.6 million.
Nationally, Canadian municipalities issued $6.5 billion worth of permits in September, up 1.7 per cent from August. Statistics Canada said it was the seventh monthly advance since the beginning of the year.
The increase came from the residential sector, mainly in Alberta and Quebec. The total value of residential building permits rose 3.3 per cent to $4.1 billion, following a 4.8 per cent decline in August.
In the non-residential sector, the value of permits edged down 0.8 per cent in September to $2.5 billion, the third decrease in four months.
— Staff/Canadian Press