The value of building permits in Canada jumped 6 percent from the prior month to CAD 8.8 billion in December 2018, following a downwardly revised 2.1 percent rise in November and against market expectations of a 1.0 percent fall. It is the largest monthly increase in building permits since May 2017 (12.9%). The value of permits issued for non-residential building rose 8.9 percent month-over-month to CAD 3.5 billion, mainly due to higher construction intentions for commercial buildings (14.6% to a record high CAD 2.3 billion). Meantime, in the residential sector, the value of building permits rose 4.2 percent to CAD 5.3 billion, as multi-family dwellings surged 11.1 percent to a record high CAD 3.3 billion. Conversely, the single-family component posted a decline (-5.4%). The total value of building permits was up in six provinces in December, led by British Columbia. Building Permits in Canada averaged 2401477.71 CAD Thousand from 1950 until 2018, reaching an all time high of 8812068 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
2018-11-06 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 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 6%
2019-04-08 12:30 PM Building Permits MoM
2019-05-10 12:30 PM Building Permits MoM

Canada Housing Last Previous Highest Lowest Unit
Building Permits 8812068.00 8312357.00 8812068.00 57056.00 CAD Thousand [+]
Housing Starts 207.97 213.63 291.60 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8812068.00 8312357.00 8812068.00 57056.00 1950 - 2018 CAD Thousand Monthly
Current Prices, SA

Country Last Previous
Australia -8.40 Dec/18
Canada 8812068.00 Dec/18
France 36900.00 Dec/18
Germany 22737.00 Nov/18
Netherlands 5564.00 Nov/18
Turkey 40197.00 Sep/18
United States 1322.00 Nov/18