Canada August building permits rise 8.8% vs 2.0% expected

Building permits: +8.8% MoM vs +2.0% expected. Prior revised to -15.8% from -17.3%. Total permit value: $13.6 billion, up $1.1 billion. Residential permits: $8.5 billion, up $1.1 billion. Multi-unit permits: $5.8 billion, up $1.1 billion. Single-family permits: $2.6 billion,…