Building Permits

Building permits are a leading indicator of economic activity, measuring the dollar value of construction permits for residential and non-residential buildings. Building permits are an important indicator for raw materials and employment demand, and have a significant effect on related industries such as construction, banking, real estate and manufacturing as the issuance of a building permit is one of the first steps in the construction process. Building permits can indicate positive or negative trends in the construction industry and overall economy.

Adapted from Statistics Canada, Table 34-10-0066-01 (Building permits, values by activity sector). This does not constitute an endorsement by Statistics Canada of this product.

Highlights

  • In August 2021, building permits in Saskatchewan increased by 27.1%, compared to August 2020 (seasonally unadjusted). Saskatchewan ranked third among the provinces in terms of percentage growth. Nationally, building permits increased by 18.0% (seasonally-unadjusted) in the same period. 
  • In 2021, the first eight month's building permits increased by 30.4% compared to the same period in 2020. Saskatchewan ranked fifth among the provinces in terms of percentage growth. Nationally, building permits increased by 30.4% (seasonally-unadjusted) in the same period. 

 

Adapted from Statistics Canada, Table 34-10-0066-01 (Building permits, values by activity sector). This does not constitute an endorsement by Statistics Canada of this product.

Adapted from Statistics Canada, Table 34-10-0066-01 (Building permits, values by activity sector). This does not constitute an endorsement by Statistics Canada of this product.

Released: October 12, 2021

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