Canada Building Permits m/m

Country:
Canada
CAD, Canadian dollar
Sector:
Business
Medium 20.1% -1.4%
-15.4%
Last release Importance Actual Forecast
Previous
8.5%
20.1%
Next release Actual Forecast
Previous
  • Overview
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  • History
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Canada Building Permits m/m indicate a change in the number of permits issued by Canadian municipalities for new construction projects. The indicator is calculated as a change in the reported month compared to the previous one.

The indicator calculation includes residential sector, non-residential building construction and non-residential engineering construction (bridges, overpasses, etc.).

Data for statistics calculation is collected from a survey of Canadian municipalities that issue permits. The number of municipalities currently surveyed is approximately 2,400, representing all Canada's provinces and territories. The indicator data is seasonally adjusted, since the construction sector is sensitive to seasonal changes.

This is a leading indicator of Canada's construction industry. Statistics on building permits provides source data for calculating construction costs and evaluating net fixed capital in the country on a quarterly and yearly basis. Analysts see the reading growth as positive for the construction sector and related industries (such as construction materials production, mortgage credit sector, labor market, etc.).

The indicator growth can have a positive effect on the Canadian dollar quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "Canada Building Permits m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
May 2020
20.1%
-1.4%
-15.4%
Apr 2020
-17.1%
0.0%
-13.4%
Mar 2020
-13.2%
1.1%
-8.4%
Feb 2020
-7.3%
0.4%
3.3%
Jan 2020
4.0%
-0.6%
9.9%
Dec 2019
7.4%
0.6%
-3.5%
Nov 2019
-2.4%
-0.2%
-1.5%
Oct 2019
-1.5%
-0.3%
-5.9%
Sep 2019
-6.5%
0.4%
5.6%
Aug 2019
6.1%
-0.1%
3.2%
Jul 2019
3.0%
-0.7%
-3.1%
Jun 2019
-3.7%
0.3%
-12.2%
May 2019
-13.0%
0.5%
16.0%
Apr 2019
14.7%
0.5%
2.8%
Mar 2019
2.1%
-0.5%
-5.1%
Feb 2019
-5.7%
0.2%
-6.0%
Jan 2019
-5.5%
0.1%
6.4%
Dec 2018
6.0%
-0.2%
2.1%
Nov 2018
2.6%
0.3%
-0.4%
Oct 2018
-0.2%
-0.6%
0.4%
Sep 2018
0.4%
-0.2%
-1.1%
Aug 2018
0.4%
1.7%
-1.5%
Jul 2018
-0.1%
0.7%
-1.3%
Jun 2018
-2.3%
-2.3%
4.8%
May 2018
4.7%
1.4%
-4.7%
Apr 2018
-4.6%
2.8%
1.3%
Mar 2018
3.1%
3.9%
-2.8%
Feb 2018
-2.6%
-11.3%
5.2%
Jan 2018
5.6%
-1.9%
2.5%
Dec 2017
4.8%
12.4%
-7.3%
Nov 2017
-7.7%
-6.2%
4.4%
Oct 2017
3.5%
-9.2%
4.9%
Sep 2017
3.8%
6.4%
-5.1%
Aug 2017
-5.5%
-2.1%
-2.8%
Jul 2017
-3.5%
4.4%
Jun 2017
2.5%
10.7%
May 2017
8.9%
0.5%
Apr 2017
-0.2%
-4.9%
Mar 2017
-5.8%
-2.8%
Feb 2017
-2.5%
5.8%
Jan 2017
5.4%
-4.4%
Dec 2016
-6.6%
-1.2%
Nov 2016
-0.1%
10.5%
Oct 2016
8.7%
-4.6%
Sep 2016
-7.0%
11.0%
Aug 2016
10.4%
3.4%
Jul 2016
0.8%
-5.3%
Jun 2016
-5.5%
-2.1%
May 2016
-1.9%
0.1%
Apr 2016
-0.3%
-6.3%

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