Building Permits in Canada increased to 13084794 CAD Thousand in February from 12713498 CAD Thousand in January of 2025. Building Permits in Canada averaged 3061788.82 CAD Thousand from 1950 until 2025, reaching an all time high of 13288805.00 CAD Thousand in December of 2024 and a record low of 57056.00 CAD Thousand in November of 1951. source: Statistics Canada

Building Permits in Canada is expected to be 12993200.00 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 13078957.00 CAD Thousand in 2026 and 13209747.00 CAD Thousand in 2027, according to our econometric models.



Related Last Previous Unit Reference
Building Permits 13084794.00 12713498.00 CAD Thousand Feb 2025
Building Permits MoM 2.90 -4.30 percent Feb 2025
Home Ownership Rate 69.30 66.80 percent Dec 2021
New Housing Price Index MoM 0.00 0.10 percent Mar 2025
New Housing Price Index YoY 0.10 0.10 percent Mar 2025
Housing Index 124.50 124.50 points Mar 2025

Canada Value of Building Permits
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
13084794.00 12713498.00 13288805.00 57056.00 1950 - 2025 CAD Thousand Monthly
Current Prices, SA