Name: Canada Value of Building Permits
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Canada,Building Permits,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Building Permits in Canada decreased to 12030849 CAD Thousand in November from 13840325 CAD Thousand in October of 2025. Building Permits in Canada averaged 3155419.39 CAD Thousand from 1950 until 2025, reaching an all time high of 13840325.00 CAD Thousand in October of 2025 and a record low of 57056.00 CAD Thousand in November of 1951. source: Statistics Canada

Building Permits in Canada is expected to be 13330181.00 CAD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Value of Building Permits is projected to trend around 14029818.00 CAD Thousand in 2027 and 14170116.00 CAD Thousand in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Building Permits	12030849.00	13840325.00	CAD Thousand	Nov 2025
Building Permits MoM	-13.10	15.70	percent	Nov 2025
Home Ownership Rate	66.70	69.30	percent	Dec 2023
New Housing Price Index MoM	-0.20	0.00	percent	Dec 2025
New Housing Price Index YoY	-2.00	-1.93	percent	Dec 2025
Housing Index	122.00	122.20	points	Dec 2025

Canada Value of Building Permits

In Canada, building permits refer to the value of permits issued for new buildings, alterations, additions, and renovations that includes expenditures on materials, labor, profit, and overheads. The value is based on a survey of 2,400 municipalities, representing 95% of the country's population. Building permits provide an early indication of construction activity in Canada but the issuance of a permit doesn't guarantee that construction is imminent.