The value of building permits in Canada rose 3 percent from a year earlier to CAD 8.3 billion in July 2019, rebounding from a downwardly revised 3.1 percent fall in the previous month and beating market expectations of a 2.9 percent gain. The largest increase was in commercial permits, which advanced 6.7 percent to CAD 2.0 billion, offsetting three consecutive months of declines. The rise was largely attributable to high-value permits for office buildings in the census metropolitan area of Vancouver. Additionally, the value of residential permits went up 2.2 percent to CAD 5.1 billion, driven by multi-family dwelling (4.2 percent to CAD 2.8 billion) led by led by Ontario (+CAD 95 million) and Quebec (+CAD 72 million) while single-family dwellings (-0.2 percent to CAD 2.3 billion). Also, institutional permits rose 7.6 percent to CAD 0.7 billion. Meanwhile, industrial permits dropped 6.9 percent to CAD 0.6 billion. Building Permits in Canada averaged 2452867.61 CAD Thousand from 1950 until 2019, reaching an all time high of 9477516 CAD Thousand in April of 2019 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
2019-06-10 12:30 PM Building Permits MoM Apr 14.7% 2.8% 1.3% 3.5%
2019-07-09 12:30 PM Building Permits MoM May -13% 16% -2.5% -1.2%
2019-08-09 12:30 PM Building Permits MoM Jun -3.7% -12.2% 1.5% 6.2%
2019-09-10 12:30 PM Building Permits MoM Jul 3% -3.1% 2.3% 2.9%
2019-10-08 12:30 PM Building Permits MoM Aug 3% 5.7%
2019-12-09 01:30 PM Building Permits MoM Oct

Canada Housing Last Previous Highest Lowest Unit
Building Permits 8347695.00 8104222.00 9477516.00 57056.00 CAD Thousand [+]
Housing Starts 226.64 222.47 291.60 90.70 Thousand units [+]
Housing Index 102.90 103.00 103.30 37.70 Index Points [+]
Home Ownership Rate 66.30 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8347695.00 8104222.00 9477516.00 57056.00 1950 - 2019 CAD Thousand Monthly
Current Prices, SA

Country Last Previous
Australia -9.70 Jul/19
Canada 8347695.00 Jul/19
France 41400.00 Jul/19
Germany 27923.00 Jul/19
Netherlands 3543.00 Jun/19
South Africa 10399670.00 Jul/19
Turkey 9477.00 Jun/19
United States 1419.00 Aug/19