The value of building permits in Canada rose 2.1 percent from the previous month to CAD 8.1 billion in March of 2019, recovering from a downwardly revised 5.1 percent fall in February but below market expectations of a 2.8 percent increase. The value of permits for non-residential buildings rose 7.9 percent to CAD 3.3 billion, due to higher construction intentions for both institutional and commercial buildings. On the other hand, the value of residential permits decreased 1.5 percent to CAD 4.8 billion, mainly due to lower construction intentions in Ontario and Quebec. The value of single-family dwelling permits was down 5.0 percent, with the largest decrease in Ontario while the value of multi-family dwelling permits increased 1.3 percent, led by Manitoba and British Columbia. Considering the first quarter of the year, municipalities issued CAD 24.3 billion worth of permits, down 3.5 percent compared with the same quarter last year. Building Permits in Canada averaged 2423275.83 CAD Thousand from 1950 until 2019, reaching an all time high of 8831117 CAD Thousand in December of 2018 and a record low of 57056 CAD Thousand in November of 1951.

Canada Value of Building Permits
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Calendar GMT Actual Previous Consensus TEForecast
2019-02-06 01:30 PM Building Permits MoM 6% 2.1% -1.0% -1%
2019-03-07 01:30 PM Building Permits MoM -5.5% 6.4% -5% -0.5%
2019-04-08 12:30 PM Building Permits MoM -5.7% -6% 1.3% -1.7%
2019-05-10 12:30 PM Building Permits MoM 2.1% -5.1% 2.8% 2.2%
2019-06-10 12:30 PM Building Permits MoM 2.1%
2019-07-09 12:30 PM Building Permits MoM
2019-08-09 12:30 PM Building Permits MoM

Canada Housing Last Previous Highest Lowest Unit
Building Permits 8062581.00 7895112.00 8831117.00 57056.00 CAD Thousand [+]
Housing Starts 235.46 191.98 291.60 90.70 Thousand units [+]
Housing Index 103.20 103.20 103.30 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8062581.00 7895112.00 8831117.00 57056.00 1950 - 2019 CAD Thousand Monthly
Current Prices, SA

Country Last Previous
Australia -15.50 Mar/19
Canada 8062581.00 Mar/19
France 37200.00 Mar/19
Germany 19501.00 Feb/19
Netherlands 3946.00 Feb/19
Turkey 74867.00 Dec/18
United States 1296.00 Apr/19