07/20/2026
🏗️ New OCS Bulletin: Ontario ICI Building Permits Dip 1.8% in May
Ontario's total ICI building permit value reached $2.11 billion in May 2026, down 1.8% from April. The decline was driven primarily by lower industrial permit values, while commercial and institutional construction intentions continued to grow. Toronto remained the province's largest market, and Peterborough recorded a historic month thanks to a major university project.
Read the full bulletin: https://iciconstruction.com/2026/07/17/jul172026_ecoupdate/
July 17, 2026: ICI Building Permits Dip 1.8% in May, Led by Industrial Decline July 17, 2026 SUMMARY Ontario’s total industrial, commercial, and institutional (ICI) building permit value was $2.11 billion in May 2026, down 1.8% from April. The decline was mainly due to lower industrial permit valu...