APRIL 2017 – BUILDING PERMITS UPDATE
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Ontario’s province-wide ICI permit activity had a slight increase of 7% for the August-January period compared to the previous year. As with Toronto and several other metropolitan areas, the ICI sector was driven by significant increases in the commercial sector which counteracted industrial and institutional declines. Commercial permit values increased by 29% while industrial and commercial permit values decreased by 22% and 13% respectively. Commercial increases were most significant in the GTA and Southwestern Ontario. The decline in industrial permit values was driven by Central Ontario while Southwestern Ontario saw increases. Institutional permit values were down in most parts of the province, but had significant increases in a few metropolitan areas such as Windsor, Kitchener-Cambridge-Waterloo and Oshawa.
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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