Steel Markets
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/40c9ba94844f8b0f1ec03328104df238.jpg)
Canada Building Permits Values Rise Sharply in June
Written by Sandy Williams
August 7, 2014
Building permits in Canada rose in value by 13.5 percent in June to $8.0 billion according to the latest data from Statistics Canada. The jump in value surprised market analysts who were expecting a 2.0 percent decline from May.
Quebec non-residential construction intentions led the increase, rising 32.5 percent to $3.8 billion. Residential permits increased in value by 0.4 percent to 4.2 billion, a fourth consecutive monthly increase.
Non-Residential
Permit values in the institutional sector more than doubled in value to $1.3 billion in June. Industrial construction intentions rose 63.9 percent to $744 million mostly for information technology buildings in Quebec and utilities buildings in Ontario. Commercial building permits were valued at $1.8 billion in June, down 2.1 percent from May.
Residential
Residential permit values for single-family dwellings increased 5.5 percent to $2.4 billion. Single-family permit authorizations were up 6.9 percent from May to 6,568 units.
Values for multi-family construction intentions fell 6 percent to $1.7 million after three consecutive monthly increases. Multi-family permit authorizations fell 10.7 percent to 10,202 units in June.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/sandy-williams.jpeg)
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Markets
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/coils2.png)
US steel imports slipped in August after rising in July
July represents the second-lowest monthly rate for steel imports so far this year.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/steel_trade.png)
CRU Insight: Decarbonization will reshape global steel trade flow
This CRU Insight explores how decarbonization will play a significant role in redefining steel trade patterns by shifting regional competitiveness and increasing steel demand needs.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/price_question.png)
Steel Summit 2024: Leading analysts forecast coming year for steel
Leading industry analysts on Monday discussed steel prices and how they will be impacted by trade policy, consolidation, mill discipline, November’s elections, and more.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/AISI.png)
AISI: Raw steel output jumps, capability surpasses 80%
Having risen for three weeks in a row, weekly production is now at the highest rate seen since February 2023.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/worldsteel_logo.png)
Monthly steel output falls in China, rises in RoW
Global steel output fell 5% in July according to World Steel Association’s (worldsteel) latest release. Total steel mill production around the world tallied up to 152.8 million metric tons (mt) for the month of July, the second-lowest monthly rate seen this year.