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Canada’s Building Permits Down 3.9% in July

M. Ali 2 September, 2021 7:57 pm Market Update

Canadian building permits declined in July by 3.9%, data by Statistics Canada showed on Thursday.

The total value of building permits amounted to CAD 9.9 billion, rising by 21.8% on an annual basis.

The reading comes against market expectations, after a 7.2% increase in June.

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