Building permits, May 2024
Released: 2024-07-12
$11.7 billion
May 2024
-12.2% 
(monthly change)
$0.1 billion
May 2024
-25.9%
(monthly change)
$0.1 billion
May 2024
5.4% 
(monthly change)
$0.4 billion
May 2024
8.4%
(monthly change)
$0.3 billion
May 2024
41.7%
(monthly change)
$3.0 billion
May 2024
36.0%
(monthly change)
$6.1 billion
May 2024
15.0%
(monthly change)
$0.5 billion
May 2024
58.0%
(monthly change)
$0.3 billion
May 2024
79.2%
(monthly change)
$2.0 billion
May 2024
11.5%
(monthly change)
$1.4 billion
May 2024
-63.6%
(monthly change)
In Canada, the total value of building permits was $11.7 billion in May, down 12.2% from a record high of $13.4 billion in April. British Columbia led the national decline in May with a significant drop of 50.7% after experiencing a record high for the total value of building permits issued in April. Excluding British Columbia, the total value of building permits for the remaining provinces and the territories edged down 0.7% in May.
On a constant dollar basis (2017=100), the total monthly value of building permits declined 12.5% in May, following a 23.0% increase in April.
Chart 1
Total value of building permits, seasonally adjusted
Infographic 1
Building permits, May 2024
British Columbia weighs markedly on the decline in total residential construction intentions in May
The value of residential building permits fell 16.3% to $7.1 billion in May. British Columbia (-53.7%; -$1.1 billion) drove the decline in May following an unusually strong April, led by a record high value of multi-unit permits in the province.
Excluding British Columbia, residential construction intentions declined 3.8% for the remaining provinces and territories in May. Monthly declines were observed in Ontario (-7.9%; -$261.2 million), Alberta (-10.9%; -$122.4 million), and all three Maritime provinces (collectively down 4.5%; -$17.7 million).
Across Canada, 22,700 dwelling units were authorized in May, contributing to the 12-month cumulative sum of 267,600 units since June 2023.
Chart 2
Value of building permits for the single-family and multi-family components
Chart 3
Value of building permits for the residential and non-residential sectors
Non-residential construction intentions decline, despite monthly growth in six provinces
The value of non-residential permits decreased 5.0% to $4.6 billion in May 2024. Declines in the institutional (-18.0%; -$236.4 million) and commercial (-7.4%; -$194.1 million) components more than offset growth in the industrial component (+20.6%; +$187.2 million).
Despite month-over-month increases in non-residential permit values in six provinces and two territories, the substantial decline in British Columbia (-44.1%; -$420.3 million) weighed heavily on the sector in May. Excluding British Columbia, construction intentions in the non-residential sector increased 4.5% month over month.
Issuance of permits for large new construction projects in New Brunswick led the province to a record high level for the commercial component ($65.3 million) and the third highest level in the series for the industrial component ($30.4 million) in May.
To explore data using an interactive user interface, visit the Building permits: Interactive Dashboard.
For more information on construction, please visit the Construction statistics portal.
For more information on housing, please visit the Housing statistics portal.
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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.
Building components
- 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, and buildings used for religious services.
Revision
Data are subject to revisions based on late responses, methodological changes and classification updates. Unadjusted data have been revised for the previous month. Seasonally adjusted data have been revised for the previous three months.
For information on trend-cycle data, see the page Trend-cycle estimates – Frequently asked questions.
Next release
Data on building permits for June will be released on August 12.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).
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