Canada’s building permits declined 17.3% month-over-month to C$12.2 billion in July, following an 18.5% gain in June and missing forecasts for a 6.4% drop. This marked the steepest decline since August 2023. The value of non-residential building permits fell C$1.9 billion to C$5.0 billion, led by the institutional component, which declined C$1.5 billion to C$1.7 billion, followed by the industrial component, down C$443.3 million to C$795.5 million. Residential construction intentions fell C$701.2 million to C$7.2 billion, with the multi-unit component accounting for most of the decline, falling C$531.8 million to C$4.7 billion. The single-family component declined C$169.4 million to C$2.5 billion. source: Statistics Canada

Building Permits MoM in Canada decreased to -17.30 percent in July from 18.30 percent in June 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 September of 2026.

Building Permits MoM in Canada decreased to -17.30 percent in July from 18.30 percent in June of 2026. Building Permits MoM in Canada is expected to be 1.00 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
2026-08-12 12:30 PM
Building Permits MoM
Jun 18.5% -3% 0.8% -0.2%
2026-09-16 12:30 PM
Building Permits MoM
Jul -17.3% 18.3% -6.4% -5.6%
2026-10-14 12:30 PM
Building Permits MoM
Aug -17.3% 2.7%


Related Last Previous Unit Reference
Average House Prices 657400.00 657500.00 CAD Aug 2026
Building Permits 12190901.00 14885631.00 CAD Thousand Jul 2026
Building Permits MoM -17.30 18.30 percent Jul 2026
Home Ownership Rate 66.70 69.30 percent Dec 2023
Home Sales 37738.00 37980.00 units Aug 2026
New Housing Price Index MoM -0.10 -0.10 percent Aug 2026
New Housing Price Index YoY -2.30 -2.30 percent Jul 2026
Housing Index 120.40 120.50 points Aug 2026
Housing Starts 229.00 229.40 Thousand units Aug 2026
Price to Rent Ratio 128.81 122.80 points Jun 2026
Residential Property Prices -3.97 -4.80 Percent Jun 2026


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
-17.30 18.30 35.50 -28.50 1950 - 2026 percent Monthly
SA

News Stream
Canada Building Permits Miss Forecasts
Canada’s building permits declined 17.3% month-over-month to C$12.2 billion in July, following an 18.5% gain in June and missing forecasts for a 6.4% drop. This marked the steepest decline since August 2023. The value of non-residential building permits fell C$1.9 billion to C$5.0 billion, led by the institutional component, which declined C$1.5 billion to C$1.7 billion, followed by the industrial component, down C$443.3 million to C$795.5 million. Residential construction intentions fell C$701.2 million to C$7.2 billion, with the multi-unit component accounting for most of the decline, falling C$531.8 million to C$4.7 billion. The single-family component declined C$169.4 million to C$2.5 billion.
2026-09-16
Canadian Building Permits Beat Forecasts
Canada’s building permits rose 18.5% month-over-month to C$14.9 billion in June 2026, rebounding sharply from a 1.7% decline in May and far exceeding forecasts for a 0.8% increase. This marks the highest reading in over two years. The value of non-residential building permits increased by C$1.8 billion to C$6.8 billion, led by the institutional component, which rose C$1.5 billion to C$3.2 billion. Industrial and commercial permits also increased, by C$268.8 million and C$67.9 million, respectively. Residential construction intentions climbed C$479.7 million, or 6.3%, to C$8.1 billion, driven by multi-unit projects, which rose C$283.7 million to C$5.3 billion, and single-family homes, up C$196 million to C$2.8 billion. In Q2 2026, the total value of building permits increased 3.7% quarter-over-quarter to C$40.4 billion.
2026-08-12
Canada Building Permits Fall in May
Canada's building permits fell by 1.7% month-on-month to C$12.4 billion in May 2026, slowing from a decline of 7.6% in the previous month and contrasting with market expectations of a 2.4% increase. The decrease was driven by the non-residential sector, where permit values dropped 6.1% to C$ 4.7 billion, led by a decline in the industrial components by C$341.0 million, while an increase in the commercial component tempered the decline by C$81.4 million. In contrast, the value of residential permits increased 1.2% to C$7.7 billion, as a C$161.9 million increase in multi-unit permits more than offset a C$70.7 million decline in single-family permits. Compared with the same month a year earlier, the total value of building permits was 4.5% lower.
2026-07-10