Canadian building permits totaled $13.8 billion (CAD) in October, increasing 14.9% from September and 9.6% from the comparable month last year. Residential authorizations grew 14.6% from September and 8.4% year-over-year to $8.6 billion. Single-family permits totaled $2.6 billion, up 1.8% from the prior month but 10.6% lower than October 2024. Multi-family levels were $5.9 billion, surging 21.3% from September and 19.6% from the same month last year. Non-residential permits rose 15.4% from the prior month and 11.7% from October 2024 to $5.3 billion. See Statistics Canada
