The total value of building permits in Canada fell 0.6 percent to CAD 11.7 billion in April of 2022, following a downwardly revised 6.3 percent slump in the prior month and against market forecasts of a 0.7 percent rise. The residential sector fell 3.3 percent to CAD 7.7 billion, led by declines in the multi-family component (-4.4 percent) and single-family homes (-2 percent), while the non-residential sector grew 5 percent to CAD 3.9 billion, driven by both the industrial (+35.1 percent) and institutional (+7.2 percent) segments. source: Statistics Canada
Building Permits in Canada averaged 2724994.61 CAD Thousand from 1950 until 2022, reaching an all time high of 12543474 CAD Thousand in February of 2022 and a record low of 57056 CAD Thousand in November of 1951. This page provides - Canada Building Permits - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Value of Building Permits - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Building Permits in Canada is expected to be 11475821.00 CAD Thousand 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 is projected to trend around 11943053.00 CAD Thousand in 2023 and 12254541.00 CAD Thousand in 2024, according to our econometric models.