SEPTEMBER 2017 – BUILDING PERMITS UPDATE
Northern Ontario’s second quarter ICI permit values were up by 36% compared to last year’s second quarter, and ICI permit values are the highest they’ve been in the first half of the year since 2013. The region’s ICI permit activity continued to be led by the institutional sector as it was in this year’s first quarter. Institutional permits accounted for over half of total ICI permit values over 2017’s first two quarters. As previously reported, there are several post-secondary education projects in Northern Ontario this year. In the second quarter, institutional permit values were more than double compared to Q2 2016. Industrial permit values also increased in the second quarter, up by 26%, although the sector only accounted for 15% of ICI permit activity overall. Second-quarter commercial permit values fell by less than 4%.
The Northern Region includes: Greater Sudbury, Sault Ste. Marie, and Thunder Bay
FOR MORE INFORMATION, CONTACT:
Ontario Construction Secretariat (OCS)
180 Attwell Drive, Suite 360, Toronto, ON M9W 6A9
P 416.620.5210 ext. 241