Statistics Canada: Building Permits, May 2022
The total value of building permits in Canada rose 2.3% in May to $12.1 billion. The non-residential sector increased 7.0% to $4.3 billion, while the residential sector edged down 0.1% to $7.8 billion.
On a constant dollar basis (2012=100), the total value of building permits increased 1.8% to $7.7 billion.
Multi and single residential construction diverges
Residential permits edged down 0.1% to $7.8 billion in May. Increases in Ontario and British Columbia were offset by losses in seven other provinces.
Construction intentions in the multi-family component decreased 5.9% in May, with Quebec returning to more normal levels. Conversely, British Columbia saw a 10.1% increase in part due to a $112 million permit for a condo building in Surrey.
Single-family homes have continued their comeback since the COVID-19 pandemic downturn and longer-term secular decline, increasing 7.0% in total value nationally this month.
Overall, the number of new units created decreased 3.4% compared with April. The decline in the multi-family component (-6.4%) was partially offset by the increase in the single-family home component (+5.4%).
British Columbia pushes up non-residential sector
The total value of non-residential sector permits increased 7.0% to $4.3 billion in May. Gains in the commercial and institutional sectors outweighed losses in the industrial component, which declined 6.1%.
Commercial permit values increased sharply by 15.6% in May, driven by British Columbia with an overall increase of 73.8% for the month.
Construction intentions in the institutional component rose 4.3% in May. Gains were led by British Columbia (+54.9%), reflecting an $82 million permit for a hospital in Fort St. James. New Brunswick also saw notable gains due to permits for a police station and a school in Moncton. Conversely, gains were largely countered by decreases in Quebec (-20.2%) and Ontario (-8.1%).
To explore data using an interactive user interface, visit the Building permits: Interactive Dashboard.
To explore the impact of the pandemic on the socioeconomic landscape, please consult the Canadian Economic Dashboard and COVID-19.
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. These indicators are updated automatically with new information from monthly releases, giving users access to the latest data.
Note to Readers
Unless otherwise stated, this release presents seasonally adjusted data with current dollar values, which facilitate month-to-month and quarter-to-quarter comparisons by removing the effects of seasonal variations. For information on seasonal adjustment, see Seasonally adjusted data – Frequently asked questions.
- Single-family dwellings: Residential buildings containing only one dwelling unit (e.g., single-detached house, bungalow, linked home [linked at the foundation]).
- Multi-family dwellings: Residential buildings containing multiple dwelling units (e.g., apartment, apartment condominium, row house, semi-detached house).
- Industrial buildings: Buildings used in the processing or production of goods, or related to transportation and communication.
- Commercial buildings: Buildings used in the trade or distribution of goods and services, including office buildings.
- Institutional and government buildings: Buildings used to house public and semi-public services, such as those related to health and welfare, education, or public administration, as well as buildings used for religious services.
Data are subject to revisions based on late responses, methodological changes and classification updates. Unadjusted data has been revised for the previous four months to incorporate new municipalities from the 2021 census of population. Seasonally adjusted data has been revised for the same time period.
For information on trend-cycle data, see the StatCan Blog and Trend-cycle estimates – Frequently asked questions.
Data on building permits for June will be released on August 4.
Source: Statistics Canada