Canada's building permits fell 8.4% month-over-month to C$12.1 billion in February 2026, following a downwardly revised 3.5% gain in January, as construction intentions weakened across sectors. Non-residential permits plummeted 24.0%, the steepest decline since April 2023, dragging the overall index down by C$1.3 billion, with institutional projects accounting for most of the drop and commercial and industrial components contributing to a lesser extent. Residential permits partially offset the decline, rising to C$8.1 billion as multi-unit construction gains outweighed single-family weakness. source: Statistics Canada

Building Permits MoM in Canada decreased to -8.40 percent in February from 3.50 percent in January of 2026. Building Permits MoM in Canada averaged 1.02 percent from 1950 until 2026, reaching an all time high of 35.50 percent in January of 1975 and a record low of -28.50 percent in December of 1964. This page includes a chart with historical data for Canada Building Permits MoM. Canada Value of Building Permits MoM - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Building Permits MoM in Canada decreased to -8.40 percent in February from 3.50 percent in January of 2026. Building Permits MoM in Canada is expected to be -2.00 percent 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 MoM is projected to trend around 0.90 percent in 2027 and 1.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-12 12:30 PM
Building Permits MoM
Jan 4.8% 6.1% -2% 2.1%
2026-04-13 12:30 PM
Building Permits MoM
Feb -8.4% 3.5% -0.5% 1.5%
2026-05-19 12:30 PM
Building Permits MoM
Mar -8.4% 10.8%


Related Last Previous Unit Reference
Average House Prices 661100.00 665000.00 CAD Feb 2026
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
Home Sales 35680.00 36157.00 units Feb 2026
New Housing Price Index MoM 0.30 -0.40 percent Feb 2026
New Housing Price Index YoY -2.00 -1.93 percent Dec 2025
Housing Index 121.90 121.50 points Feb 2026
Housing Starts 250.90 240.15 Thousand units Feb 2026
Price to Rent Ratio 124.71 125.50 Dec 2025
Residential Property Prices -3.19 -2.91 Percent Sep 2025


Canada Value of Building Permits MoM
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.
Actual Previous Highest Lowest Dates Unit Frequency
-8.40 3.50 35.50 -28.50 1950 - 2026 percent Monthly
SA

News Stream
Canada Building Permits Fall 8.4% in February
Canada's building permits fell 8.4% month-over-month to C$12.1 billion in February 2026, following a downwardly revised 3.5% gain in January, as construction intentions weakened across sectors. Non-residential permits plummeted 24.0%, the steepest decline since April 2023, dragging the overall index down by C$1.3 billion, with institutional projects accounting for most of the drop and commercial and industrial components contributing to a lesser extent. Residential permits partially offset the decline, rising to C$8.1 billion as multi-unit construction gains outweighed single-family weakness.
2026-04-13
Canada Building Permits Unexpectedly Rise
Building permits in Canada rose by 4.8% month-over-month to C$13.3 billion in January 2026, following a downwardly revised 6.1% advance in the prior month, against market forecasts of a 2% slump. The increase was mainly driven by non-residential intentions (9.4% to C$5.4 billion), with industrial permits (+C$356.8 million to C$1.2 billion) posting the largest monthly gain since July 2024 and institutional permits rising C$235.7 million to C$2.0 billion. Conversely, commercial permits fell C$128.5 million to C$2.2 billion. Residential construction intentions rose C$143.0 million to C$8.0 billion, as gains in the single-family segment (+C$222.3 million to C$2.7 billion) more than offset by a decline in the multi-unit segment (-C$79.3 million to C$5.3 billion).
2026-03-12
Canada Building Permits Rebound in December
Building permits in Canada rose 6.8% month-over-month to C$12.8 billion in December 2025, rebounding from a 13.1% decline in the previous month. Residential intentions increased by C$533.5 million to C$8.0 billion, as gains in multi-unit dwellings (+C$653.2 million to C$5.5 billion) offset a drop in single-family permits (-C$119.7 million to C$2.5 billion). Non-residential permits rose by C$287.8 million to C$4.8 billion, driven by the institutional component (+C$412.6 million), while commercial (-C$71.1 million) and industrial (-C$53.8 million) segments declined. On a year-on-year basis, the total value of permits increased by C$3.3 billion to C$149.7 billion in 2025.
2026-02-11