Value of Building Permits Issued in August rose 6.1%

Value of Building Permits

Oct 9, 2019

The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains were reported in seven provinces, with over one-third of the national increase in Quebec.

Value of residential permits rises

The value of permits for multi-family dwellings rose in every province, except Nova Scotia, increasing 18.8% to $3.3 billion in August. Over half of these gains were in British Columbia (+$282 million), largely because of a high-value permit in Vancouver. Quebec also contributed to the increase, up $143 million compared with July.

The value of permits for single-family dwellings rose 3.2% to $2.4 billion nationally, led by Ontario. The the census metropolitan area (CMA) of St. Catharines-Niagara issued a record high of $102 million in single-family permits, up $58 million from July. These gains were largely attributable to several developers filing additional permits prior to an upcoming increase in development costs in the region.

Value of industrial permits increases

Industrial permits were the only component in the non-residential sector to increase in value, rising 18.9% to $675 million. The increase was largely due to a high-value permit for a bio-pharmaceutical company in the CMA of Toronto. 

The value of commercial permits declined 5.9% to $1.9 billion, following gains in July. Quebec showed some strength in the commercial component (+$73 million) despite the national decrease. 
Five provinces reported declines in the value of institutional permits, down 10.7% to $651 million. 

The value of permits was down in all three non-residential components in British Columbia, which also reported the largest provincial declines in the values of commercial (-$118 million) and institutional (-$48 million) permits.

Source: Statistics Canada, www150.statcan.gc.ca/n1/daily-quotidien/191008/dq191008a-eng.htm

Related Articles


Latest Articles


Changing Scene

  • Nedco Quebec Introduce Ivan Roy as New General Manager

    Nedco Quebec Introduce Ivan Roy as New General Manager

    July 19, 2024 “We are thrilled to introduce Ivan Roy as the new General Manager of Nedco Quebec,” said Nedco on LinkedIn. “Ivan brings a wealth of experience in the electrical distribution industry, having held several leadership positions that have shaped his expertise and leadership skills. As the GMA Regional Director at Nedco Quebec since… Read More…

  • 660 New EV Chargers to be installed in Nova Scotia

    660 New EV Chargers to be installed in Nova Scotia

    July 18, 2024 The federal government has announced federal investments in two organizations to install 660 Level 2 EV chargers across Nova Scotia: All the chargers are expected to be installed by December 2024 and will help EV drivers get to where they need to go with confidence and ease. Before hitting the roads, Canadians can easily map… Read More…

  • City Electric Supply Raises Over $10,000 for Make-a-Wish Canada at Third Annual Golf Tournament

    City Electric Supply Raises Over $10,000 for Make-a-Wish Canada at Third Annual Golf Tournament

    July 18, 2024 City Electric Supply (CES) proudly announces the success of its third annual fundraising golf tournament. Held on May 24th at Sunset Ranch Golf & Country Club in Kelowna, the event brought together community members, local electrical companies, customers, vendors, and employees from CES BC Interior District branches including Kelowna, West Kelowna, Penticton,… Read More…

  • City Electric Supply Ottawa East Branch Celebrates 25th Anniversary with Community Event and Fundraiser

    City Electric Supply Ottawa East Branch Celebrates 25th Anniversary with Community Event and Fundraiser

    July 18, 2024 On Thursday, July 11th, the City Electric Supply Ottawa East branch larked a significant milestone: 25 years of dedicated service to the Ottawa community. Located at 740 Belfast Rd Unit B, Ottawa, ON K1G 0Z5, the branch celebrated this momentous occasion with a lively and engaging event that brought together customers, vendors,… Read More…