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Sault permits, construction values drop in August

City building permits issued in Sault Ste. Marie for August dipped dramatically this year, compared to the same month last year. The total value of all building permits for August 2007 was $161,103,542.
Northern Ontario Business Staff

City building permits issued in Sault Ste. Marie for August dipped dramatically this year, compared to the same month last year.

The total value of all building permits for August 2007 was $161,103,542. During the same period this past August, the city posted $4,757,049.

Commercial, industrial and institution construction all declined from more than $191 million in August 2007, to $40.3 million this year.

Residential construction values increased slightly from $24.4 million in August 2007, to $30.9 million during the same period this year.

Overall, the accumulated total construction values decreased from $215,612,516 to the end of August 2007, to $71,296,771 during the same period this year.