In October, the total value of building permits issued in Canada rose $1.8 billion (+14.9%) to $13.8 billion. The increase in construction intentions was led by the residential sector (+$1.1 billion). An increase was also observed in the non-residential sector (+$702.8 million). On a constant dollar basis (2023=100), the total value of building permits issued in October grew 14.9% from the previous month and was up 5.9% on a year-over-year basis. In October, residential construction intentions increased $1.1 billion (+14.6%) to $8.6 billion. Ontario (+$882.6 million) contributed the most to the national growth. The multi-family component grew $1.0 billion to $5.9 billion in October. The largest increase was recorded in Ontario (+$876.4 million), followed by Quebec (+$81.4 million). …The single-family component was up $47.0 million to $2.6 billion in October, with the gains being primarily attributed to Alberta (+$28.7 million). Across Canada, a total of 24,300 multi-family dwellings and 4,100 single-family dwellings were authorized in October, marking a 13.6% increase from the previous month.