The total value of building permits issued in Canada declined 552.8 million dollars, or 4.1 percent, to 12.9 billion dollars in September, Statistics Canada reported, though the total was still 5.7 percent higher than a year earlier. Residential intentions fell 5.8 percent to 7.8 billion dollars, as a 9.4 percent drop in multi-family permits to 5.1 billion dollars, led by British Columbia and Alberta, outweighed a 2.0 percent rise in single-family permits to 2.7 billion dollars, and dwelling units authorized fell 8.6 percent to 22,934. Non-residential permits fell 1.5 percent to 5.1 billion dollars, with institutional permits down 9.7 percent partly offset by a 7.7 percent rise in industrial permits, while Ontario was the only large province to rise, up 6.6 percent.
Canada building permits fall 4.1 percent in September
The total value of building permits issued in Canada fell 552.8 million dollars, or 4.1 percent, to 12.9 billion dollars in September, led by a 9.4 percent drop in multi-family residential intentions, Statistics Canada reported.
Why it matters: Permits lead construction starts, and the September drop, concentrated in British Columbia and Alberta multi-family projects, points to a softer housing construction pipeline even as permits remained 5.7 percent above a year earlier.
Data as of Statistics Canada, The Daily, building permits release for September 2026, read in full via the estate browser route after the direct fetch was refused. Figures are seasonally adjusted current dollars. Developing item.
Sources
- Building permits, September 2026 - Statistics Canada, The Daily - 2026-11-12