November 12, 2024 13:57 GMT
CANADA DATA: Battery Factory Pushes Nonresidential Permits To Record In Q3
CANADA DATA
- Overall building permits +11.5% in September to CAD13B.
- The increase was led by Ontario, which saw gains in both residential and non-residential sectors.
- Q3 construction intentions in non-residential +14.6% to record all-time high of CAD14.6B in Q3, faster than previous record of CAD13.6B in Q3 2023. (Data goes back to 2017) Battery factory located in St. Thomas, Ontario.
- September residential permits +7.5% to CAD7.7B MOM, +2.8% YOY.
- Non-residential +18% to CAD5.2B, 28% YOY.
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