The value of building permits in Canada fell 13 percent from the previous year to CAD 8.2 billion in May 2019, following an upwardly revised 16 percent gain in the previous month and compared with market expectations of a 2.5 percent decline. The value of residential permits dropped 17.2 percent to CAD 5 billion, due to the multi-family dwelling (-28.5 percent to CAD 2.7 billion) while the single-family dwelling permits rose (1.8 percent to CAD 2.3 billion) led by Ontario (+CAD 47 million). Also, the value of permits for non-residential buildings went down 5.7 percent to CAD 3.3 billion, mainly due to commercial (-0.9 percent to CAD 1.9 billion) and industrial permits (-37.5 percent to CAD 581 million). Meanwhile, institutional permits jumped 25.7 percent to CAD 815 million, boosted by higher construction intentions for secondary and elementary schools in British Columbia and nursing homes in Quebec and Ontario. Building Permits in Canada averaged 2438831.74 CAD Thousand from 1950 until 2019, reaching an all time high of 9462457 CAD Thousand in April of 2019 and a record low of 57056 CAD Thousand in November of 1951.

Canada Value of Building Permits
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-08 12:30 PM Building Permits MoM Feb -5.7% -6% 1.3% -1.7%
2019-05-10 12:30 PM Building Permits MoM Mar 2.1% -5.1% 2.8% 2.2%
2019-06-10 12:30 PM Building Permits MoM Apr 14.7% 2.8% 1.3% 3.5%
2019-07-09 12:30 PM Building Permits MoM May -13% 16% -2.5% -1.2%
2019-08-09 12:30 PM Building Permits MoM Jun -13%
2019-09-10 12:30 PM Building Permits MoM Jul
2019-10-08 12:30 PM Building Permits MoM Aug

Canada Housing Last Previous Highest Lowest Unit
Building Permits 8230992.00 9462457.00 9462457.00 57056.00 CAD Thousand [+]
Housing Starts 245.66 196.81 291.60 90.70 Thousand units [+]
Housing Index 103.10 103.20 103.30 37.70 Index Points [+]
Home Ownership Rate 66.40 66.20 67.80 63.90 percent [+]

Canada Value of Building Permits

In Canada, building permits refer to the value of permits issued for new buildings, alterations, additions, renovations. It includes expenditures on materials, labour, profit and overheads. . This page provides - Canada Building Permits - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Value of Building Permits - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8230992.00 9462457.00 9462457.00 57056.00 1950 - 2019 CAD Thousand Monthly
Current Prices, SA

Country Last Previous
Australia 0.70 May/19
Canada 8230992.00 May/19
France 35100.00 May/19
Germany 26752.00 Apr/19
Netherlands 3714.00 May/19
Turkey 33158.00 Mar/19
United States 1220.00 Jun/19