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 12094436 CAD Thousand in February from 13210682 CAD Thousand in January of 2026. Building Permits in Canada averaged 3186650.10 CAD Thousand from 1950 until 2026, reaching an all time high of 13836811.00 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 11852547.00 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 12729215.00 CAD Thousand in 2027 and 12856507.00 CAD Thousand in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Building Permits	12094436.00	13210682.00	CAD Thousand	Feb 2026
Building Permits MoM	-8.40	3.50	percent	Feb 2026
Home Ownership Rate	66.70	69.30	percent	Dec 2023
New Housing Price Index MoM	-0.20	0.30	percent	Mar 2026
New Housing Price Index YoY	-2.30	-2.10	percent	Mar 2026
Housing Index	121.60	121.90	points	Mar 2026

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.