The value of building permits in Canada slipped 5.5 percent from the prior month to CAD 8.4 billion in January 2019, following an upwardly revised 6.4 percent jump in the prior month and worse than market estimates of a 5 percent decline. It is the largest monthly decrease in building permits since November 2017. The value of permits issued for non-residential building slumped 15.8 percent month-over-month to CAD 3 billion, amid lower construction intentions for commercial buildings which fell 25.3 percent to CAD 1.8 billion, after a record high in December. Conversely, increases were reported for both the industrial (4.8 percent) and institutional (0.4 percent) components. Meantime, in the residential sector, the value of building permits rose 1.6 percent to CAD 5.4 billion, as both single-family (3.1 percent) and multi-family dwellings (0.7 percent) posted gains. The total value of building permits fell in five provinces in January, led by British Columbia (-24.3 percent). Building Permits in Canada averaged 2408771.05 CAD Thousand from 1950 until 2019, reaching an all time high of 8862819 CAD Thousand in December of 2018 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
2018-12-10 01:30 PM Building Permits MoM -0.2% 0.4% -0.2%
2019-01-10 01:30 PM Building Permits MoM 2.6% -0.4% -0.5%
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 -5.5%
2019-05-10 12:30 PM Building Permits MoM
2019-06-10 12:30 PM Building Permits MoM

Canada Housing Last Previous Highest Lowest Unit
Building Permits 8379023.00 8862819.00 8862819.00 57056.00 CAD Thousand [+]
Housing Starts 173.10 206.80 291.60 90.70 Thousand units [+]
Housing Index 103.20 103.30 103.30 37.70 Index Points [+]
Home Ownership Rate 66.50 67.80 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8379023.00 8862819.00 8862819.00 57056.00 1950 - 2019 CAD Thousand Monthly
Current Prices, SA

Country Last Previous
Australia 2.50 Jan/19
Canada 8379023.00 Jan/19
France 33700.00 Jan/19
Germany 28830.00 Dec/18
Netherlands 3846.00 Jan/19
Turkey 74867.00 Dec/18
United States 1345.00 Jan/19