Canadian municipalities issued $8.1 billion worth of building permits in June

"Canadian municipalities issued $8.1 billion worth of building permits in June, up 2.5% from May and the second highest value on record," the Statistics Canada announced on Wednesday. 

Key quotes:

• Higher construction intentions for multi-family dwellings and commercial buildings were mainly responsible for the national increase
• All building components reported gains in June, except for single-family dwellings
• The value of residential building permits fell 0.9% in June to $5.0 billion, the fourth decrease in five months
• Municipalities issued $3.0 billion worth of building permits for non-residential structures in June, up 8.8% from May