Canada Building Permits Fall in September
2026-11-12 13:44
By
Isabela Couto
1 min. read
Canada’s building permits declined 4.1% to C$12.9 billion in September 2026 from August, following a downwardly revised 7.6% jump in the prior month and slightly missing forecasts of a 4% drop.
Residential construction intentions fell by C$475.7 million to C$7.8 billion, as a C$529.3 million drop in the multi-family component was partly offset by a C$53.6 million rise in single-family permits.
Multi-family declines were led by British Columbia (-C$292.1 million) and Alberta (-C$186.8 million).
Meanwhile, non-residential permits fell C$77.1 million to C$5.1 billion, as a C$171.5 million drop in institutional permits was moderated by a C$90.9 million gain in industrial permits.
Institutional declines were led by Quebec (-C$95.5 million), Saskatchewan (-C$43.6 million), and Alberta (-C$39.3 million).
In Q3 2026, total building permit value decreased 3.6% quarter over quarter to C$38.8 billion.