Key data points
Last release
—
Observation period
Aug 2024
Next release
—
Forecast
—
Highest
13.36 B CAD on Apr 30, 2024
Lowest
57.06 M CAD on Nov 30, 1951
About Canada 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.