empty
 
 

2026.08.1212:50:51UTC+00Canadian Building Permits Beat Forecasts

Canada’s building permits surged 18.5% month-over-month to C$14.9 billion in June 2026, sharply reversing a 1.7% decline in May and far surpassing expectations for a 0.8% gain. This is the highest level in more than two years.

Non-residential building permits rose by C$1.8 billion to C$6.8 billion, driven primarily by the institutional sector, which jumped C$1.5 billion to C$3.2 billion. Industrial permits increased by C$268.8 million, while commercial permits were up C$67.9 million.

On the residential side, construction intentions advanced C$479.7 million, or 6.3%, to C$8.1 billion. The rise was led by multi-unit projects, which grew by C$283.7 million to C$5.3 billion, alongside single-family homes, which increased by C$196 million to C$2.8 billion.

For the second quarter of 2026 as a whole, the total value of building permits climbed 3.7% quarter-over-quarter to C$40.4 billion.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In August we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback