08:32 AM EST, 03/07/2024 (MT Newswires) -- Month over month, the total value of building permits in Canada rose 13.5% in January to $10.8 billion, rebounding after a decrease of 11.5% in December, Statistics Canada said Thursday. The residential sector increased 12.6% to $6.5 billion in January, while the non-residential sector grew 14.8% to $4.2 billion, it added.

On a constant dollar basis, the total value of building permits was up 14.0% to $6.7 billion in January.