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In August, the total value of building permits issued in Canada was down $139.2 million (1.2 percent) to $11.6 billion. Notable declines recorded in Ontario ($563.3 million) and Alberta ($461.5 million) were tempered by increases in British Columbia ($612.2 million) and Quebec ($294.2 million). On a constant dollar basis (2023=100), the total value of building permits issued in August decreased 1.5 percent from the previous month and was down 5.9 percent on a year-over-year basis.
Residential construction intentions decreased $173.8 million (2.4 percent) to $7 billion in August. The decline was primarily attributable to Ontario ($432.8 million) and Alberta ($311.1 million), while British Columbia (up $331.4 million) and Quebec (up $155.5 million) tempered the losses.
The single-family component declined $112.3 million to $2.5 billion in August, driven by Ontario ($131.0 million) and followed by Alberta ($59.6 million). Quebec (up $36.8 million) and Manitoba (up $23.2 million) mitigated the decline.
Multi-family construction intentions were down $61.5 million to $4.5 billion in August, driven by Ontario ($301.8 million) and Alberta ($251.5 million). The decrease was tempered by increases in British Columbia ($329.7 million), concentrated in the Vancouver census metropolitan area ($300.3 million), and Quebec ($118.7 million).
Across Canada, there were 20,500 multi-family dwellings and 4,100 single-family dwellings authorized in August, marking a decrease of 0.9 percent from the previous month.