ICI permit values in Central Ontario’s metro areas overall increased by 30% in the October-January period year-over-year. Toronto, Kitchener-Waterloo-Cambridge, Guelph, and Barrie all had overall ICI permit value increases in this period, while total ICI permit values declined Brantford, Hamilton, St. Catharines-Niagara, and Oshawa. Industrial permit values more than doubled year-over-year in Toronto, Oshawa, Guelph, and Barrie, although institutional permits only accounted for a quarter of total ICI permit values in Central Ontario. More than half of ICI permits in Central Ontario’s metro areas were in the commercial sector, but overall commercial permit values in these cities only increased by 5%. Only three of these metro areas (Toronto, Kitchener-Cambridge-Waterloo, and Guelph) had increases in all three ICI sectors in the October-January period.
