01:30 PM BST, Canada - Building Permits for April:
- actual 20.5% MoM; forecast 4.9% MoM; previous -12.3% MoM;
In April 2024, the total value of building permits in Canada rose significantly by 20.5% to reach $12.8 billion, driven by increases in both residential and non-residential sectors.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app- Residential permits grew by 21.0% to $8.0 billion, primarily due to a 32.6% surge in multi-family housing permits.
- Non-residential permits rose by 19.6% to $4.8 billion, with notable growth in commercial, institutional, and industrial components.
British Columbia led the increases, setting a record high with $3.1 billion in permits, especially in multi-family housing and non-residential sectors. The total number of authorized housing units also hit a record level, despite minimal change in the annual cumulative total.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
