The value of building permits in Canada increased 6.1 percent from a year earlier to CAD 9.0 billion in August 2019, following an upwardly revised 3.2 percent gain in the previous month and above market forecasts of a 1 percent fall. The value of permits for multi-family dwellings advanced 18.8 percent to CAD 3.3 billion, over half of these gains were in British Columbia, largely because of a high-value permit in the census metropolitan area (CMA) of Vancouver. Also, the value of permits for single-family dwellings went up 3.2 percent to CAD 2.4 billion, led by Ontario. In addition, industrial permits were the only component in the non-residential sector to increase in value, rising 18.9 percent to CAD 675 million, driven by a high-value permit for a bio-pharmaceutical company in the CMA of Toronto. Meanwhile, the value of commercial permits fell 5.9 percent to CAD 1.9 billion. Building Permits in Canada averaged 2460880.72 CAD Thousand from 1950 until 2019, reaching an all time high of 9477516 CAD Thousand in April of 2019 and a record low of 57056 CAD Thousand in November of 1951.

Canada Value of Building Permits
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-09 12:30 PM Building Permits MoM May -13% 16% -2.5% -1.2%
2019-08-09 12:30 PM Building Permits MoM Jun -3.7% -12.2% 1.5% 6.2%
2019-09-10 12:30 PM Building Permits MoM Jul 3% -3.1% 2.3% 2.9%
2019-10-08 12:30 PM Building Permits MoM Aug 6.1% 3.2% -1% -1.5%
2019-12-09 01:30 PM Building Permits MoM Oct

Canada Housing Last Previous Highest Lowest Unit
Building Permits 8964826.00 8452186.00 9477516.00 57056.00 CAD Thousand [+]
Housing Starts 221.20 226.87 291.60 90.70 Thousand units [+]
Housing Index 103.00 102.90 103.30 37.70 Index Points [+]
Home Ownership Rate 66.30 66.20 67.80 63.90 percent [+]

Canada Value of Building Permits

In Canada, building permits refer to the value of permits issued for new buildings, alterations, additions, renovations. It includes expenditures on materials, labour, profit and overheads. . This page provides - Canada Building Permits - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Value of Building Permits - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8964826.00 8452186.00 9477516.00 57056.00 1950 - 2019 CAD Thousand Monthly
Current Prices, SA

Country Last Previous
Australia -1.10 Aug/19
Canada 8964826.00 Aug/19
France 30000.00 Aug/19
Germany 27365.00 Aug/19
Netherlands 2927.00 Aug/19
South Africa 10202315.00 Aug/19
Turkey 9477.00 Jun/19
United States 1387.00 Sep/19