The total value of building permits in Canada fell 9.0% month-over-month to $12.0 billion in June, marking the steepest decline since June 2024. This sharply reversed a revised 12.8% gain in May and exceeded market expectations of a 3.4% drop. Non-residential permits dropped $863.8 million to $4.9 billion, led by a steep decline in Ontario’s institutional component (-$1.4 billion). However, national institutional construction intentions remained strong (at $1.7 billion), while commercial permits fell (-$87.4 million) and industrial permits rose (+$192.7 million). Meanwhile, residential intentions declined $318.0 million to $7.1 billion, mainly driven by a sharp drop in British Columbia's multi-family component (-$486.8 million), partly offset by gains in Ontario (+$261.1 million), resulting in a net national decrease in multi-family permits (-$144.5 million). The single-family component also decreased $173.5 million to $2.4 billion. Year-over-year, total permits increased 6.9%. source: Statistics Canada
Building Permits MoM in Canada decreased to -9 percent in June from 12.80 percent in May of 2025. Building Permits MoM in Canada averaged 1.03 percent from 1950 until 2025, reaching an all time high of 35.50 percent in January of 1975 and a record low of -28.50 percent in December of 1964. This page includes a chart with historical data for Canada Building Permits MoM. Canada Value of Building Permits MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.
Building Permits MoM in Canada decreased to -9 percent in June from 12.80 percent in May of 2025. Building Permits MoM in Canada is expected to be 1.20 percent 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 MoM is projected to trend around 0.90 percent in 2026 and 1.00 percent in 2027, according to our econometric models.