StatsCan released its mid-year national building permit figures, and Brampton's construction market is HOT, ranking 4th in Canada for total construction (across all sectors).
- 2nd - industrial development (up 179% for the same period last year)
- 3rd - residential development (up 121% for the same period last year)
- 4th - institutional development (up 171% for the same period last year)
- 13th - commercial development (up 52% for the same period last year)
The article also ventures that Brampton will soon benefit from the GTA's surging condo market, with over 2000 mid-rise and high-rise residential units in the planning process.
Source: Brampton ranks fourth in Canada for total construction to date this year (Brampton Board of Trade)
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