The value of building permits in Canada decreased 0.2 percent from the previous month to CAD 8.1 billion in October 2018, following a 0.4 percent rise in September and in line with market expectations. The value of building permits in the non-residential building permits dropped 7.0 percent month-over-month to CAD 2.9 billion, mainly due to lower construction intentions for industrial and institutional buildings. On the other hand, in the residential sector, the value of building permits rose 4.2 percent to CAD 5.2 billion, as both multi-family and single-family dwellings posted gains. The value of building permits declined in five provinces in October, with Quebec recording the largest decrease, due to the tornadoes that hit Ottawa and Gatineau on September 21. Building Permits in Canada averaged 2386360.58 CAD Thousand from 1950 until 2018, reaching an all time high of 8572975 CAD Thousand in June of 2017 and a record low of 57056 CAD Thousand in November of 1951.

Building Permits in Canada is expected to be 8089102.01 CAD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Building Permits in Canada to stand at 8084431.00 in 12 months time. In the long-term, the Canada Value of Building Permits is projected to trend around 8084410.23 CAD Thousand in 2020, according to our econometric models.

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
2018-09-06 12:30 PM Building Permits MoM -0.1% -1.3% 1.3%
2018-10-10 12:30 PM Building Permits MoM 0.4% -1.5% 0.5% -0.3%
2018-11-06 01:30 PM Building Permits MoM 0.4% -1.1% 0.4%
2018-12-10 01:30 PM Building Permits MoM -0.2% 0.4% -0.2%
2019-01-10 01:30 PM Building Permits MoM -0.2%
2019-02-07 01:30 PM Building Permits MoM
2019-03-08 01:30 PM Building Permits MoM

Canada Housing Last Previous Highest Lowest Unit
Building Permits 8058463.00 8055824.00 8572975.00 57056.00 CAD Thousand [+]
Housing Starts 215.94 206.75 291.60 90.70 Thousand units [+]
Housing Index 103.30 103.30 103.30 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8058463.00 8055824.00 8572975.00 57056.00 1950 - 2018 CAD Thousand Monthly
Current Prices, SA

Country Last Previous
Australia -1.50 Oct/18
Canada 8058463.00 Oct/18
France 42300.00 Oct/18
Germany 25293.00 Sep/18
Netherlands 6482.00 Sep/18
Turkey 40197.00 Sep/18
United States 1263.00 Oct/18