In July, the total value of building permits issued in Canada declined $2.6 billion (-17.3%) to reach $12.2 billion, more than offsetting the gain recorded in June (+$2.3 billion). The non-residential sector (-$1.9 billion) led the decrease, while the residential sector (-$701.2 million) contributed to a lesser extent. On a constant dollar basis (2023=100), the total value of building permits issued in July declined 17.5% from the previous month and was down 2.2% on a year-over-year basis.