US EditionOntario's Institutional Component Drives Non-Residential Construction Intentions in May 2025 - Electrical Industry News Week
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Ontario's Institutional Component Drives Non-Residential Construction Intentions in May 2025 - Electrical Industry News Week
July 14, 2025 In May, the total value of building permits issued in Canada rose by $1.4 billion (+12.0%) to reach $13.1 billion. The increase in construction intentions was driven by Ontario’s institutional component (+$1.3 billion). On a constant dollar basis (2023=100), the total value of building permits issued in May increased 11.8% from the previous month and was up 5.1% on a year-over-year basis. Ontario’s institutional component drives n…
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