How often is Canada Building Permits updated?

Building Permits for Canada is released on a monthly schedule by Bank of Canada (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.

What unit is Building Permits reported in?

The series is published in CAD mn. The exact unit is also returned on every API response under the indicator metadata.

Where does FXMacroData source Canada Building Permits data?

Data is fetched directly from Bank of Canada or the official national statistics publication for Canada. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.

How do I query Building Permits for Canada via the API?

Issue a GET request to /api/v1/announcements/cad/building_permits?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.

Canada Building Permits API Data

Building Permits (CAD)

Number of new residential construction permits authorized, a leading indicator of future housing activity and economic growth.

Latest reading: 218.07 CAD mn · Last updated: 2016-06-30 · Source: Bank of Canada/StatCan

Category: Economy

API Endpoint

/api/v1/announcements/cad/building_permits

About Building Permits (CAD)

Building permits for Canada measures the number of residential and commercial construction permits issued in the reference period. It is a leading indicator for housing starts by 1–3 months.

Why FX traders watch it

Because permits must be obtained before construction begins, the permits data gives advance warning of the future pipeline of housing activity. It is tracked alongside starts to assess the trajectory of the construction cycle.

How to interpret the data

Rising permits above consensus signals an expanding construction pipeline, which is economically stimulative and cad-positive. Falling permits suggest tightening credit conditions or declining confidence in the housing market.

Historical Building Permits (CAD)

Source: Bank of Canada/StatCan · Monthly · CAD mn

Data Source

Primary Source

Bank of Canada/StatCan

Official Series ID

34-10-0066-01

External Link

View Official Data Page

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

CAD mn

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{ "currency": "CAD", "indicator": "building_permits", "has_official_forecast": false, "start_date": "2023-01-01", "end_date": "2023-12-31", "data": [ { "date": "2024-07-01", "val": 4.2, "announcement_datetime": 1722456000 } ] }

Request Parameters & Usage

Parameter	Required	Format	Description
`start_date`	NO	`YYYY-MM-DD`	Optional lower bound for the requested history.
`end_date`	NO	`YYYY-MM-DD`	Optional upper bound. Defaults to the current date.
`api_key`	CONDITIONAL	`string`	Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Building Permits data for CAD from 2023:

GET https://fxmacrodata.com/api/v1/announcements/cad/building_permits?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How often is Canada Building Permits updated?: Building Permits for Canada is released on a monthly schedule by Bank of Canada (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Building Permits reported in?: The series is published in CAD mn. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source Canada Building Permits data?: Data is fetched directly from Bank of Canada or the official national statistics publication for Canada. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Building Permits for Canada via the API?: Issue a GET request to /api/v1/announcements/cad/building_permits?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.