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Number of building permits in Canada increased 9.1%

Staff writer |
Municipalities issued $7.7 billion worth of building permits in October, up 9.1% from a month earlier, according to Statistics Canada.

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This was the first increase in three months. Higher construction intentions for multi-family dwellings and institutional buildings in Alberta were responsible for much of the gain, as builders filed permits in advance of the changes in the Building Code.

The value of residential building permits rose 15.5% from September to $4.8 billion in October. The advance followed an 11.4% drop in September and a 5.4% decline in August.

Increases were posted in five provinces, led by Alberta, followed by Ontario and British Columbia. The largest declines were reported in Manitoba and Quebec.

Construction intentions for non-residential buildings edged down 0.2% to $2.9 billion in October.

Declines were registered in five provinces, with Saskatchewan and Ontario posting the largest decreases. Alberta posted the largest gain, followed by Quebec, a distant second.

The value of building permits for multi-family dwellings increased 35.4% to $2.5 billion in October. The advance followed two consecutive monthly declines. Gains were reported in six provinces, led by Alberta, followed by Ontario and British Columbia. Manitoba posted the largest decline.

Construction intentions for single-family dwellings edged down 0.3% to $2.3 billion in October, marking a third consecutive monthly decline. Increases in Ontario partly offset decreases in seven provinces, with Quebec registering the largest decline.

Municipalities approved the construction of 19,781 new dwellings in October, up 17.1% from the previous month. The gain was mainly attributable to multi-family dwellings, which increased 25.4% to 14,078 units. The number of single-family dwellings edged up 0.7% to 5,703 units.

The value of permits issued for commercial buildings declined for a second consecutive month, down 9.9% to $1.4 billion in October. The decline at the national level was mainly the result of lower construction intentions for warehouses, office buildings and hotels and restaurants.

Saskatchewan and Ontario registered the largest declines in commercial building construction intentions. Alberta saw the largest increase, which partly offset the decline in the component.

In the industrial component, the value of building permits fell 22.4% to $430 million in October, following a 17.1% increase in September. The decline was mainly attributable to lower construction intentions for utilities buildings and manufacturing plants.

Lower industrial building construction intentions were reported in every province except Nova Scotia and New Brunswick. Ontario, Quebec and Saskatchewan registered the largest declines.

The value of institutional building permits rose 36.4% to $1.0 billion in October, following a large increase in September.

The gain at the national level was attributable to higher construction intentions for retirement homes, continuing care facilities and government buildings.

Advances were reported in eight provinces, led by Alberta, Quebec and Ontario. Saskatchewan and New Brunswick registered declines.


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