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Statistics Canada reports building permits up $1.1B in August at $13.6B
Residential permits climbed $1.1 billion as commercial construction plans fell $380 million, Statistics Canada said.
Statistics Canada reported that the total value of building permits issued in Canada rose $1.1 billion in August to $13.6 billion, driven by strength in the residential sector.
Construction intentions for the homebuilding sector rose $1.1 billion to $8.5 billion, as multi-unit permits climbed to $5.8 billion while single-family home permits edged down to $2.6 billion.
Offsetting residential gains, non-residential building permits edged lower by $29.8 million to $5.1 billion, as commercial construction fell $380 million to $2.2 billion, with industrial totalling $1.1 billion.
Recent figures show Saskatchewan building permits increased 32.5 per cent year-over-year and 15.9 per cent month-over-month from July 2026 to August 2026, according to Statistics Canada.
Total permit value serves as a key indicator of construction activity and raw material demand, with Saskatchewan's 2.2 per cent increase remaining above Canada's 1.7 per cent national average.
The total value of building permits issued in Canada in August increased by $1.1 billion from the previous month to $13.6 billion, as a result of the good health of the residential sector, according to Statistics Canada.