Value of Canadian Building Permits Rose 4% in January

Value of Canadian Building Permits - January

Mar 11, 2020

The total value of building permits issued by Canadian municipalities increased 4.0% to $9.2 billion in January. Increases were reported in six provinces, led by British Columbia (+52.1% to $2.2 billion).

Change in Vancouver’s development costs drives growth in British Columbia and nationally 

The majority of January’s national increase in the value of building permits was in British Columbia (+$751 million), largely due to the census metropolitan area (CMA) of Vancouver. The value of permits increased in the CMA of Vancouver by 81.8%, prior to increases in development fees, which came into effect on January 15. Meanwhile, Quebec (-$366 million) and Ontario (-$161 million) reported the largest provincial declines after strong activity in December 2019.

Value of residential permits up for multi- and single-family dwellings

The residential sector reported strong gains in January, increasing 12.7% from December 2019 to $5.8 billion. Permits for multi-family dwellings were up 17.1% to $3.4 billion in January, largely due to multiple projects in the CMA of Vancouver. 

The total value of permits for single-family dwellings increased 7.0% to $2.4 billion, mainly due to housing developments in Ontario (+$105 million) and Quebec (+$48 million). The CMA of Brantford reported the largest increase in the value of permits for single-family dwellings (+340.9% to $41 million), a record high for the CMA.

Non-residential sector down due to institutional permits

The value of non-residential permits was down 7.8% to $3.5 billion in January. This decrease was largely due to a decline in the total value of institutional permits (-30.5% to $732 million) following strong gains in December 2019. 

Despite increases in seven provinces, the value of commercial permits decreased 0.8% to $2.1 billion, with Quebec reporting the largest decline (-$249 million).

The value of industrial permits offset some of the non-residential decline, rising 6.8% to $682 million, led by Ontario (+$90 million).

Source: Statistics Canada, www150.statcan.gc.ca/n1/daily-quotidien/200309/dq200309a-eng.htm

Related Articles

Complaint Handling and Online Reputation Defence for Contractors, Part 2

Complaint Handling and Online Reputation Defence for Contractors, Part 2

Part 1 offered tips on how to respond to a complaint, including writing an apology letter. Here in Part 2: how to protect and even build your business after the complaint is resolved by obtaining a general release (especially if you resolved the issue by refunding money) and even a testimonial on how you successfully handled a complaint.

 

Q3 2016 Investment in Non-residential Building Construction Down 0.5%

Q3 2016 Investment in Non-residential Building Construction Down 0.5%

Investment in non-residential building construction totalled $12.5 billion in the third quarter, down 0.5% from the previous quarter. This was the sixth decrease in seven quarters dating back to the first quarter of 2015. The decline in the third quarter reflected lower spending on commercial and industrial building construction, which more than offset higher investment in institutional buildings.

Latest Articles

  • Declines in Ontario and Manitoba Construction Intentions Push Down the Non-Residential Sector

    Declines in Ontario and Manitoba Construction Intentions Push Down the Non-Residential Sector

    December 16, 2024 The total value of building permits issued in Canada decreased by $399.1 million (-3.1%) to $12.6 billion in October. This comes on the heels of a strong September, during which construction intentions rose by $1.3 billion to the second-highest level in the series. Despite the monthly decline in October, the total value of building permits… Read More…

  • Lighting Control Basics for Home Automation

    Lighting Control Basics for Home Automation

    By Matthew Biswas Do your eyes roll when you hear terms like Smart home technology?  Or are you a true believer?  As it turns out controlling electrical devices via low-voltage technology can be easier to implement and use than many of us thought. The Lutron Caseta system uses the internet and Radio Frequency to instantly… Read More…

  • Grounded in Ontario: The Future of Energy Storage Systems

    Grounded in Ontario: The Future of Energy Storage Systems

    December 16, 2024 Technical Advisor Trevor Tremblay explains why following best practices and relying on licensed professionals will ensure a smooth and secure transition when integrating this exciting new technology. Energy Storage Systems (ESS) are revolutionizing the way individuals and businesses manage energy, providing cost-saving opportunities, increased energy reliability, and a pathway toward sustainability. In… Read More…

  • 4 in 5 Canadians See Electrifying Public Transit as Key to Advancing Climate Action, Schneider Electric Survey Finds

    4 in 5 Canadians See Electrifying Public Transit as Key to Advancing Climate Action, Schneider Electric Survey Finds

    December 13, 2024 Schneider Electric has released new survey findings showing Canadians are increasingly concerned about the environmental impact of traditional public transit emissions. According to the survey, 83 per cent of Canadians recognize the need for electrified transit to support a sustainable future and are seeking actionable and innovative solutions to ease the nation’s… Read More…

Changing Scene