Canada September Building Permits MoM: A Bullish Signal for the Canadian Dollar

Statistics Canada released the September building permits month-over-month data on September 12, 2025. The actual figure, forecast, and previous value were not provided.Definition: Building permits represent the number of authorized housing starts, serving as a gauge for upcoming residential construction activity and providing forward-looking insights for the real estate sector. Market impact: If the actual reading exceeds expectations, it is considered supportive for the Canadian dollar. As a leading indicator for the real estate industry, changes in building permits signal future trends in the property market and influence broader economic conditions.This data carries a medium importance level (2), is calculated based on the annualized number of new residential units from the previous month, and is published monthly. The next release date has not been specified.

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