StatCan building permits Archives - Mortgage Rates & Mortgage Broker News in Canada

Big drop in commercial projects drags down March building permits

May 14, 2025 No Comments

The value of building permits in Canada fell 4.1% in March to $12.9 billion, pulled down entirely by a steep decline in non-residential construction, according to new data from Statistics Canada.

Building permits rise in February, but residential construction weakens

April 10, 2025 No Comments

Canada’s building permit activity picked up in February, rising 2.9% to $13.1 billion, according to new data from Statistics Canada.

Canada’s merchandise trade falls into deficit as exports tumble

April 3, 2025 No Comments

Canada’s merchandise trade balance swung back into deficit in February, weighed down by a broad-based decline in exports following months of front-loaded shipments ahead of U.S. tariff threats.

Canadian building permit values fell 3.2% in January

March 13, 2025 No Comments

The total value of building permits issued in Canada fell 3.2% in January, reaching $12.8 billion, according to Statistics Canada. The decline was mostly due to a drop in residential construction plans.

Building permits hit highest level since 2017

February 11, 2025 No Comments

Canada’s construction sector ended 2024 on a high note, with the total value of building permits surging 11% in December to $13.1 billion, according to the latest data from Statistics Canada.