Canada Building Permits Rebound in August

2026-10-14 12:49 By Isabela Couto 1 min. read

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.



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.
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