Building permits, January 2023

The monthly total value of building permits in Canada decreased 4.0% in January to $9.8 billion.

There were eight provinces that reported decreases in January, with the multi-residential sector in British Columbia significantly contributing to the national fall.

The residential sector declined 6.6% to $6.1 billion in January, while the non-residential sector was relatively stable, increasing a modest 0.7% to $3.7 billion.

On a constant dollar basis (2012=100), the total value of building permits went down 3.2% to $5.8 billion in January.

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