Canada’s building permits rose 8.8% month-on-month to C$13.6 billion in August 2026, rebounding from a revised 15.8% decline in July and exceeding forecasts for a 2.6% increase. The recovery was led by the residential sector, where permit values rose C$1.1 billion to C$8.5 billion. The increase was driven by the multi-unit component, which climbed C$1.1 billion to C$5.8 billion, while the single-family component edged down C$0.7 million to C$2.6 billion. Meanwhile, the value of non-residential building permits fell C$29.8 million to C$5.1 billion. A C$380.0 million decline in the commercial component, to C$2.2 billion, was largely offset by gains in the industrial component, which rose C$317.3 million to C$1.1 billion, and the institutional component, which increased C$32.9 million to C$1.8 billion. Overall, building permits rose 12.4% year-on-year. source: Statistics Canada

Building Permits MoM in Canada increased to 8.80 percent in August from -15.80 percent in July of 2026. Building Permits MoM in Canada averaged 1.03 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 October of 2026.

Building Permits MoM in Canada increased to 8.80 percent in August from -15.80 percent in July of 2026. Building Permits MoM in Canada is expected to be 3.00 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
2026-09-16 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 8.8% -15.8% 2.9% 2.7%
2026-11-12 01:30 PM
Building Permits MoM
Sep 8.8% 1.0%


Related Last Previous Unit Reference
Average House Prices 652800.00 655700.00 CAD Sep 2026
Building Permits 13571697.00 12478548.00 CAD Thousand Aug 2026
Building Permits MoM 8.80 -15.80 percent Aug 2026
Home Ownership Rate 66.70 69.30 percent Dec 2023
Home Sales 36842.00 37702.00 units Sep 2026
New Housing Price Index MoM -0.20 -0.10 percent Sep 2026
New Housing Price Index YoY -2.03 -2.30 percent Aug 2026
Housing Index 120.20 120.40 points Sep 2026
Housing Starts 248.90 242.22 Thousand units Sep 2026
Price to Rent Ratio 119.42 122.49 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
8.80 -15.80 35.50 -28.50 1950 - 2026 percent Monthly
SA

News Stream
Canada Building Permits Rebound in August
Canada’s building permits rose 8.8% month-on-month to C$13.6 billion in August 2026, rebounding from a revised 15.8% decline in July and exceeding forecasts for a 2.6% increase. The recovery was led by the residential sector, where permit values rose C$1.1 billion to C$8.5 billion. The increase was driven by the multi-unit component, which climbed C$1.1 billion to C$5.8 billion, while the single-family component edged down C$0.7 million to C$2.6 billion. Meanwhile, the value of non-residential building permits fell C$29.8 million to C$5.1 billion. A C$380.0 million decline in the commercial component, to C$2.2 billion, was largely offset by gains in the industrial component, which rose C$317.3 million to C$1.1 billion, and the institutional component, which increased C$32.9 million to C$1.8 billion. Overall, building permits rose 12.4% year-on-year.
2026-10-14
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