• In August, permits rose 7.9% (revised to +9.5%)
  • It was the non-residential sector (-30.8%) that led the decline.

Numbers on Friday showed existing home sales in Toronto down 15.6% and prices down 2% (but it still costs a staggering $779K for a detached home).

Margin fresh high in USD/CAD at 0.9975. There is an option expiry at 0.9990 today.