Value of Building Permits Rose 6.2% in June

Building Permits

July 31, 2020

The $687 million Oakridge Centre mixed use redevelopment project in the city of Vancouver helped raise the total national value of building permits 6.2% to $8.1 billion in June, to a level comparable to pre-COVID levels. Overall, seven provinces reported gains for the month.

Residential permits rise

The total value of residential permits was up 7.0% to $5.3 billion, with gains posted in six provinces. British Columbia posted its third largest value on record for residential permits in June, up 20.4% to $1.3 billion due to large projects such as the Oakridge Centre redevelopment. 

The value of permits for single-family homes increased 6.6% to $2.1 billion, driven by gains in Quebec (+14.6%) and Ontario (+7.2%). 

The value of permits issued for multi-family dwellings rose for the third consecutive month, up 7.3% to $3.2 billion, largely due to major projects in the census metropolitan area of Vancouver (+43.8%). 

Institutional permits drive non-residential growth 

The value of non-residential permits rose 4.6% to $2.7 billion in June. 

Institutional permits were up 47.7% to $841 million, driven by gains in British Columbia (+162.8%) and Ontario (+60.3%). 

In contrast, commercial (-9.1% to $1.3 billion) and industrial (-4.0% to $591 million) permits were down in June, following strong gains for both components in May.

Largest quarterly decline since the 2008 financial crisis 

The second quarter of 2020 started with record declines in April, following the implementation of COVID-19-related measures by businesses and governments. The easing of those measures in May allowed construction intentions to bounce back and continue to advance in June. Despite the rebound seen in the last two months of the quarter, the value of building permits was down 12.8% compared with the first quarter, a fourth consecutive quarterly decline. The second quarter decrease was the largest reported since the fourth quarter of 2008, during the financial crisis.

Compared to the second quarter of 2019, the value of permits declined 17.4% nationally. Losses were reported across all provinces and territories except Newfoundland and Labrador, where quarterly gains in the institutional sector drove the increase in the total value of permits of 25.0%.

Source: Statistics Canada, www150.statcan.gc.ca/n1/daily-quotidien/200731/dq200731c-eng.htm?CMP=mstatcan

Related Articles


Latest Articles

  • TSBC Directive: Advertising Requirements for Licensed Contractors

    TSBC Directive: Advertising Requirements for Licensed Contractors

    June 18, 2024 This directive, published May 2, 2024, is being issued by a provincial safety manager pursuant to section 30 of the Safety Standards Act. On September 6, 2022, changes to the Safety Standards General Regulation came into effect that require licensed contractors to publish their company name and Technical Safety BC licence number… Read More…

  • TSBC Announces Adoption of BC Electrical Code, 2024 Edition

    TSBC Announces Adoption of BC Electrical Code, 2024 Edition

    June 18, 2024 Effective March 4, 2025 the Canadian Electrical Code, Part I, 26th Edition, Safety Standard for Electrical Installations, Canadian Standards Association Standard C22.1-24 is adopted as the BC Electrical Code. All electrical work subject to the BC Electrical Code must comply with the updated edition effective March 4, 2025. All code-related information bulletins… Read More…

  • Investment in Single-Family Homes Continues to Rise for April

    Investment in Single-Family Homes Continues to Rise for April

    June 14, 2024 Month over month, investment in building construction increased 4.5% to $20.4 billion in March. The residential sector was up 5.4% to $14.3 billion, while investment in the non-residential sector increased 2.3% to $6.1 billion. On a constant dollar basis (2017=100), investment in building construction increased 4.1% to $12.5 billion in March. Investment in single-family homes continues to rise Investment in… Read More…

  • Record High Levels in British Columbia’s Multi-Unit Residential Construction Intentions for April

    Record High Levels in British Columbia’s Multi-Unit Residential Construction Intentions for April

    June 14, 2024 Month over month, the total value of building permits in Canada significantly increased 20.5% to $12.8 billion in April. Construction intentions in the residential sector increased 21.0% to $8.0 billion and the non-residential sector rose 19.6% to $4.8 billion, with growth observed in all components. British Columbia posted a record high monthly total value of building permits ($3.1 billion),… Read More…


Changing Scene

  • OmniCable Announces Partnership with Cascadia Sales

    OmniCable Announces Partnership with Cascadia Sales

    June 18, 2024 OmniCable, an industry-leading redistributor selling wire, cable, fiber, and other communications and electrical products exclusively to distributors, is proud to announce its partnership with Cascadia Sales to represent OmniCable’s complete product line in Canada. Cascadia Sales represents manufacturers in the electrical and lighting industry in the British Columbia market. “We are thrilled to begin this partnership,” said Georgia… Read More…

  • Agence Ricard Announces the Appointment of a New Marketing Director

    Agence Ricard Announces the Appointment of a New Marketing Director

    June 18, 2024  Agence Ricard is pleased to announce the appointment of Clémence Marseille as its new Marketing Director. Clémence brings with her a rich experience of more than 10 years in the field of marketing, including 5 years specifically dedicated to the electrical industry. Her expertise and strategic vision will be invaluable assets to support and… Read More…

  • Electrical Safety Authority and Proof Strategies Reveal the Truth About Unlicensed Electricians with Award-Winning Safety Campaign

    Electrical Safety Authority and Proof Strategies Reveal the Truth About Unlicensed Electricians with Award-Winning Safety Campaign

    June 18, 2024 The Electrical Safety Authority (ESA) and Proof Strategies have received seven awards from the Canadian Public Relations Society (CPRS), including 2024 ACE Best Creative Campaign, for the outstanding “Don’t Risk It” campaign. The campaign raises awareness of the risks of unlicensed electrical work. ESA engaged Proof Strategies to develop the integrated communications campaign,… Read More…

  • ECAO Recognizes its 2024 R. Hugh Carroll Safety champions

    ECAO Recognizes its 2024 R. Hugh Carroll Safety champions

    June 17, 2024 The Electrical Contractors Association of Ontario’s R. Hugh Carroll Safety Awards demonstrate the ECAO’s commitment “to promoting and fostering a positive, safety-first culture amongst its membership, and the electrical industry”. This year’s honorees were recognized during the association’s 2024 annual general meeting at the Woodbine Trackside Clubhouse. “Every year it gets harder to pick… Read More…