Canada: Building permits

(measure: building permits, source: Statistics Canada)
* indicates monthly or quarterly data series

Building permits in Canada, December, 2019: The data series span the period from 2018 to Q4 2019. During that time, the average value for Canada was 8076 building permits with a minumum of 4736 building permits in December 2018 and a maximum of 10958 building permits in May 2018. The latest number is 5998, a change of -21.51% from the previous data point of 7642 building permits and a change of 26.65% from a year ago when the level was 4736 building permits.

The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown. See more information about that indicator on our Building permits page.
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* indicates monthly or quarterly data series
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Measure: building permits
Source: Statistics Canada

Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.
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