Highlights for Construction from “Building Permits, March 2023”
The following building permit statistics were released by the Province’s Economics and Statistics division on Thursday, May 10, 2023. For more information on this dataset, please click here.
Month over Month, March 2023
Note: Changes in monthly building permit values are typically very volatile, with large swings from one month to the next.
Nova Scotia’s total building permits (residential and non-residential) increased 6.1% to $230.7 million. Halifax permits increased 24.5% to $157.2 million. Outside the city, permit values decreased 19.5% to $73.5 million.
- National permits increased 11.3% to $11.80 billion.
- Building permit values were up in 7 of 10 provinces, led by Prince Edward Island. Newfoundland and Labrador reported the largest decline.
Nova Scotia’s non-residential building permits declined 1.2% to $60.3 million. Halifax permits increased 17.1% to $49.2 million. Outside the city, non-residential permit values decreased 41.6% to $11.2 million.
- National non-residential building permit values increased 32.0% to $5.18 billion.
- Non-residential permit values were up in 7 of 10 provinces, led by Prince Edward Island. Newfoundland and Labrador reported the largest decline.
Overall building permit values have been on a rising trend since the middle of 2021, mostly driven by the rise in residential permit values (within Halifax as well as outside the city).
After growing at the end of 2021, Nova Scotia’s non-residential building permit values had trended down since the beginning of 2022 while trending up in recent months. Non-residential permit values have trended up in recent months in Halifax and upward trend since the middle of 2022 in the rest of the province.
Statistics In the News
Find more insight and analysis on March’s monthly building permit statistics below:
On-Site Magazine: “Building permits jump 11 per cent”
“Double-digit gains in each of the non-residential segments set records as almost $12 billion in building permits were issued across Canada in March.” Click here to read the full article online.