Building permits rose 10% to $13.5B in March, well ahead of expectations…

… driven by non-residential activity, which added $1.5B sequentially thanks to gains of ~$670M in BC linked to medical facilities and ~$510M in Ontario tied to industrial capacity.

That was more than enough to offset a decline in multi-family permitting, concentrated mainly in Ontario (down ~$390M) and Quebec (down ~$160M).



