The total value of building permits issued by Canadian municipalities rose 11.3% to $ 6.9 billion in December after falling 19.9% the previous month. Higher construction intentions for multi-family dwellings in Quebec, Ontario, British Columbia and Alberta explained in advance.
Construction intentions in the residential sector increased 16.3% to $ 4.7 billion in December, after falling 17.9% the previous month. Gains were posted in all provinces except Saskatchewan. The increase in multi-family construction intentions led the advance.
Municipalities issued permits for non-residential $ 2.3 billion in December, up 2.5% from the previous month. This increase followed a decline of 23.2% in November. An increase in the value of commercial permits more than offset declines in the institutional and industrial components. Six provinces posted gains, led by Alberta
Residential :. Higher construction intentions for multi-family dwellings behind advance
The value of building permits for multi-family homes rose 39.1% to $ 2.3 billion in December, after falling 33.8% in November. Higher construction intentions were reported in nine provinces, led by Quebec, Ontario, British Columbia and Alberta. Newfoundland and Labrador was the only province to post a decline.
The value of permits for single-family dwellings declined 0.1% compared to November, remained fairly stable at about $ 2.3 billion for the fourth consecutive month. Progress in seven provinces failed to offset declines in the other three provinces. Saskatchewan posted the largest decline.
Municipalities approved the construction of 17.506 new dwellings in December, up 16.5% from the previous month. The gain resulted mainly from multi-family dwellings, which increased by 25.6% to 11.816 new units. single-family dwellings rose 1.3% to 5,60 new units
nonresidential :. Gain attributable to higher intentions for commercial construction
After a significant decline in the previous month, the value of non-residential permits rose 2.5% to $ 2.3 billion in December. The gains in commercial intentions more than offset declines in the institutional and industrial components.
After three consecutive monthly declines, construction intentions for commercial buildings rose by 14.6% to $ 1.3 billion in December. The advance was largely the result of higher retail complex of intentions and, to a lesser extent, storage buildings and research centers. Increases were recorded in five provinces, Ontario and British Columbia. The largest declines were in Alberta and Quebec.
The value of permits in the industrial component fell 3.2% to $ 405 million in December, the third consecutive monthly decline. lower construction intentions for manufacturing plants, industrial projects and minor maintenance buildings accounted for most of the decline. Declines in Ontario and British Columbia more than offset the gains reported elsewhere.
institutional intentions declined for a second consecutive month, down 13.6% to $ 594 million in December. The decrease at the national level is largely the result of lower construction intentions for medical facilities and elementary schools. Decreases were recorded in seven provinces, with Quebec recording the largest decline, followed by Ontario and British Columbia. Alberta posted a notable gain in the value of permits for institutional structures
Provinces :. Alberta, Ontario and British Columbia show significant increases
The total value of building permits increased in eight provinces in December, with Alberta posting the largest increase, followed by Ontario and British Columbia.
Alberta, the value of building permits increased 26.0% to $ 1.2 billion in December, after falling 56.3% the previous month. The gain is attributable to higher construction intentions in the non-residential and residential sectors, led by institutional structures and multi-family dwellings.
Ontario municipalities issued building permits worth $ 2.7 billion in December, up 5.7% from a month earlier. Higher construction intentions for multi-family and commercial buildings account for much of the advance.
The total value of building permits in British Columbia increased by 12.5% to $ 1.2 billion in December, the third consecutive monthly increase. Higher construction intentions for multi-family and commercial buildings were responsible for the monthly increase.
higher construction intentions in most census metropolitan areas
in December, the total value of building permits increased in 20 of the 34 census metropolitan areas, with Toronto recording the largest increase, followed by Calgary and Montreal.
Toronto, gains resulted primarily from higher construction intentions for multi-family dwellings and, to a lesser extent, commercial buildings. In Calgary, higher construction intentions for multi-family dwellings and industrial buildings were responsible for the advance.
Montreal reported an increase in construction intentions for multi-family dwellings, which offset declines in all other components.
year 2015
in 2015 the value of building permits totaled $ 85.0 billion, unchanged from 2014. While residential construction intentions increased 4.4%, growth was offset by a 6.3% drop in non-residential component
Residential :. top multi-family construction intentions behind the increase
residential building permits issued by municipalities were up 4.4% from the previous year to $ 53.2 billion in 2015, continuing the upward trend started after the decline in 08 and 09. in 2015, the value of residential permits increased in three provinces: Ontario, British Columbia and Nova Scotia. Alberta (-8.9%) recorded the largest decline, its first decline since 09.
Non-residential: Declines in all three components, led by commercial buildings
Construction intentions in the non-residential sector decreased 6.3% to $ 2014-31800000000 in 2015. declines were posted in all segments, led by commercial buildings. Six provinces reported lower construction intentions for non-residential buildings. Institutional permits in Quebec posted the largest decline.
Statistics Canada
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