Ontario leads six percent slide in April residential building permit values
June 6, 2023 By Statistics Canada
The total monthly value of building permits in Canada dropped 18.8% to $9.6 billion in April, the lowest level since December 2020. On a constant dollar basis (2012=100), the total value of building permits fell 18.5% to $5.6 billion in April 2023.
Residential construction intentions down for eight provinces
The total monthly value of residential permits declined 6.1% to $6.1 billion, sliding for the second consecutive month. Declines were posted for both the single-family and multi-dwelling components.
Ontario (down 10.5% or -$296.4 million) greatly contributed to the monthly decrease in the residential sector.
British Columbia (up 2.6% or +$35.1 million) and Saskatchewan (up 45.0% or +$15.2 million) were the two provinces to post monthly growth in residential construction intentions.
For more information on construction, please visit the Construction statistics portal.
For more information on housing, please visit the Housing statistics portal.
Statistics Canada has a Housing Market Indicators dashboard. This web application provides access to key housing market indicators for Canada, by province and by census metropolitan area. The indicators are updated automatically with new information from monthly releases, giving users access to the latest data.
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