SEPTEMBER 2016 – BUILDING PERMITS UPDATE
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ICI permit values in St. Catharines-Niagara were up 15% compared to the January-July period last year. Overall this makes it one of the better performing metropolitan areas in Central Ontario. Permit values in the institutional sector more than doubled. This increase was mostly down to a $10 million permit for a new court house in Welland. Commercial permit values were slightly higher than the same period last year, increasing by 5%. Industrial permit values fell by 19% which fits with the recent trend. Industrial permitting has been in steady decline in St. Catharines-Niagara since 2012.
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FOR MORE INFORMATION, CONTACT:
Ian Worte
Research Analyst,
ianw@iciconstruction.com
Ontario Construction Secretariat (OCS)
180 Attwell Drive, Suite 360, Toronto, ON M9W 6A9
P 416.620.5210 ext. 241
F 416.620.5310