The total value of building permits in Canada fell sharply to $9.9 billion in June, a 13.9% drop from the previous month, Statistics Canada said Monday.
The total value was $11.5 billion in May and $13.2 billion in April.
In Quebec, the total value of building permits also fell by 13.9% to $2 billion between May and June. The province saw declines in both residential and non-residential permits. For the former, the total value was $1.4 billion, a drop of 4.4%. For non-residential construction, the decrease was 29.1% and the total value of these permits was $615.9 million.
In Canada, construction intentions in the residential sector fell from $7.3 billion to $6.5 billion, a decrease of 11.5%.
For the non-residential sector, the total value fell by 18.1%, from $4.24 billion to $3.5 billion.
Some 11 of Canada’s 13 provinces and territories saw a decline in the value of building permits. Values increased in Nunavut and Prince Edward Island.
In the Maritimes, the total value of building permits in New Brunswick fell 24.8 per cent in June from May to $140.8 million. The decline was 12.3 per cent in Nova Scotia to $270.3 million and 4.2 per cent to $58.3 million in Newfoundland and Labrador. In Prince Edward Island, construction intentions increased 95.6 per cent to $100.5 million.