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Housing
LOW IMPACTCA Building Permits m/m
Track CA Building Permits m/m to gauge future construction trends and economic health.
Overview
This serves as a reliable indicator of upcoming construction activity since acquiring a permit is one of the initial steps in erecting a new building.
Key Information
What it Measures
Change in the overall value of newly issued building permits.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it is beneficial for the currency.
Source & Frequency
Statistics Canada (latest release) - https://www.statcan.gc.ca/en/ • Released monthly, typically around 40 days after the end of the month.
How Data is Derived
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Also Known As
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Acronym
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