
building permits


National building permits drop 6.6% in April, led by steep pullback in Vancouver
Canadian building intentions declined sharply in April, with the total value of permits falling 6.6% to $11.7 billion, led by a steep pullback in multi-family housing plans in British Columbia, according to Statistics Canada.

Big drop in commercial projects drags down March building permits
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.

This week’s economic calendar: Housing data, BoC survey, and more
This week brings a few key Canadian economic releases that will shed light on housing, lending conditions, and overall economic momentum.

Building permits rise in February, but residential construction weakens
Canada’s building permit activity picked up in February, rising 2.9% to $13.1 billion, according to new data from Statistics Canada.

Canadian building permit values fell 3.2% in January
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
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.

Mortgage Digest: Why have lenders been hiking rates?
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Mortgage digest: Canadians are pulling back on borrowing
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Mortgage Digest: 84% of young Canadians prioritize homeownership despite affordability challenges
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.
