// May 2026
Building Permits Up 9.8%, Construction GDP Down 0.6%: Reading Canada’s Q4 2025 Data
At the end of 2025, two Canadian construction indicators moved in opposite directions. Building permit values jumped 9.8% in the fourth quarter, the strongest quarterly gain since 2021. In the same quarter, real construction GDP fell 0.6%, its first decline after six consecutive quarters of growth. Many headlines read the permit number as a boom..
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Eros Belotti 01.
Eros belotti
Construction project manager with over 20 years of experience in Europe and the Canary Islands. Specialized in modular housing, container construction, real estate development and international project management. Founder of Reforma Vivienda Tenerife and Donkey Lab.
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