In January, the total value of building permits issued in Canada decreased by $425.8 million (-3.2%) from the previous month to $12.8 billion. Ontario (-$771.1 million) led the decline, while New Brunswick (+$356.8 million) tempered it the most.
On a constant dollar basis (2017=100), the total value of building permits issued in January declined 2.5% from the previous month, while it was up 13.4% on a year-over-year basis.
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