The value of building permits in Canada declined 5.7 percent from the prior month to CAD 7.8 billion in February 2019, after an upwardly revised 6 percent slump in January and against market expectations of a 1.3 percent increase. The value of permits issued for residential buildings slipped 8.5 percent month-over-month to CAD 4.9 billion, the lowest level since April 2017, due to lower construction intentions for multi-family dwellings (-16.4 percent) while single-family permits rose (4 percent). Meantime, in the non-residential sector, the value of building permits went down 0.5 percent to CAD 2.9 billion, mostly due to a sharp decrease in construction intentions for commercial buildings (-6.4 percent). Conversely, gains were reported for both the industrial (5.2 percent) and institutional (11.6 percent) components. The total value of building permits fell in seven provinces in February led by Ontario. Year-on-year, the value of permits fell 6.8 percent. Building Permits in Canada averaged 2416557.26 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
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Calendar GMT Actual Previous Consensus TEForecast
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 -5.7% -6% 1.3% -1.7%
2019-05-10 12:30 PM Building Permits MoM -5.7%
2019-06-10 12:30 PM Building Permits MoM
2019-07-09 12:30 PM Building Permits MoM

Canada Housing Last Previous Highest Lowest Unit
Building Permits 7829124.00 8298531.00 8831117.00 57056.00 CAD Thousand [+]
Housing Starts 192.50 166.30 291.60 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7829124.00 8298531.00 8831117.00 57056.00 1950 - 2019 CAD Thousand Monthly
Current Prices, SA

Country Last Previous
Australia 19.10 Feb/19
Canada 7829124.00 Feb/19
France 30900.00 Feb/19
Germany 23983.00 Jan/19
Netherlands 3846.00 Jan/19
Turkey 74867.00 Dec/18
United States 1269.00 Mar/19