{"id":431957,"date":"2026-06-11T19:40:29","date_gmt":"2026-06-11T12:40:29","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/canada-building-permits-for-april-7-6-versus-3-5-estimate\/"},"modified":"2026-06-11T19:40:29","modified_gmt":"2026-06-11T12:40:29","slug":"canada-building-permits-for-april-7-6-versus-3-5-estimate","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/canada-building-permits-for-april-7-6-versus-3-5-estimate\/","title":{"rendered":"Canada building permits for April -7.6% versus -3.5% estimate"},"content":{"rendered":"<div>\n<ul>\n<li>Prior +10.3% revised to +10.5%<\/li>\n<\/ul>\n<p>In April, the total value of building permits issued in Canada decreased $1.0 billion (-7.6%) to $12.5 billion. Both the non-residential sector (-10.5%) and the residential sector (-5.5%) contributed to the decline in construction intentions.<\/p>\n<p>On a constant dollar basis (2023=100), the total value of building permits issued in April declined 7.7% from the previous month and was up 2.7% on a year-over-year basis.<\/p>\n<p>Residential construction intentions declined by $437.7 million to $7.5 billion in April. The multi-family component (-$429.7 million to $4.8 billion) accounted for most of the decline in the month, while the single-family component remained virtually unchanged, at $2.7 billion.<\/p>\n<p>For background on the permits data, Statistics Canada&#8217;s building permits series is a key leading indicator of construction activity, capturing the value of permits issued for new buildings, renovations, and alterations across roughly 2,400 municipalities representing 95% of the national population. Because permits precede actual construction spending, the data offer an early read on investment trends in both the residential and non-residential sectors.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior +10.3% revised to +10.5% In April, the total value of building permits issued in Canada decreased $1.0 billion (-7.6%) to $12.5 billion. Both the non-residential sector (-10.5%) and the residential sector (-5.5%) contributed to the decline in construction intentions. On a constant dollar basis (2023=100), the total value of building permits issued in April [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-431957","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=431957"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431957\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=431957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=431957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=431957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}