empty
 
 

2025.09.1212:30:00UTC+00Canada's Building Permits Show Signs of Recovery in July

In a promising turn of events for Canada's construction industry, the country's building permits experienced a significant rebound in July 2025. According to data updated on September 12, 2025, the building permits have stopped and reached a new level of -0.1%, a dramatic increase from the -9.0% observed in June 2025.

The drastic reduction in the negative growth indicator suggests that the downturn observed in June may have been an anomaly or a result of temporary economic headwinds. This latest data indicates that the sector is recovering, showing only a marginal decline in July, effectively nearing stabilization.

This month-over-month comparison offers a glimmer of hope for stakeholders in the construction industry, as the Canadian economy pivots toward recovery. The substantial decrease in the negative rate from June to July signifies renewed optimism and potential upward trends in building and development activities in the upcoming months. This recovery could, in turn, stimulate further economic growth and employment opportunities within the sector.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback