November 8, 2017 / 1:51 PM / a year ago

Canadian building permits rise for first time in three months

A construction worker works on a new house being built in a suburb located north of Toronto in Vaughan, Canada, June 29, 2015. REUTERS/Mark Blinch

OTTAWA (Reuters) - The value of Canadian building permits increased 3.8 percent in September, the first rise in three months, on strength in the non-residential sector, Statistics Canada said on Wednesday.

Analysts in a Reuters poll had expected the value of permits to drop by 0.2 percent. Statscan revised August’s data to show a decline of 5.1 percent compared to an initial drop of 5.5 percent.

Permits in the non-residential sector jumped 13.9 percent, largely thanks to a permit for a hospital in the western province of Alberta.

Permits in the residential sector declined 1.7 percent from August, the third consecutive month-on-month retreat, on lower construction intentions for apartments in Ontario.

Reporting by David Ljunggren; Editing by Paul Simao

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