DECEMBER 2017 – BUILDING PERMITS UPDATE
Oshawa is the only metro area in Central Ontario with total ICI permit values down so far this year. In 2017, Oshawa’s ICI permit values are down 10%, and in the June-September period, down 22%. Commercial permit values led the decline, falling by more than half compared to last year’s June-September period. Oshawa’s institutional permit values, despite a 12% increase in the June-September period, are down 9% overall this year. The only sector in Oshawa to see an overall growth in permit values so far this year is industrial, up 14%, and in the June-September period, up 38%.
FOR MORE INFORMATION, CONTACT:
Ontario Construction Secretariat (OCS)
180 Attwell Drive, Suite 360, Toronto, ON M9W 6A9
P 416.620.5210 ext. 241