Canada Building Permits Edge Lower in July âšī¸
Canadian building permits decreased 0.1% to $11.9 billion in July 2025, with non-residential permits declining while residential permits showed modest growth, driven by single-family and multi-unit dwelling authorizations.
Marginal decline in building permits suggests a stable construction market with mixed signals across residential and non-residential sectors. Potential implications for construction-related industries and real estate market sentiment, indicating moderate economic uncertainty.