Province Sees Huge Building Permit Growth

Saskatchewan Second Among the Provinces for Both Month-over-month and Year-over-year Growth Rate

In November 2021, Saskatchewan building permits were valued at $191 million, placing the province second overall in terms of percentage change for both month-over-month, and year-over-year.

Saskatchewan building permits jumped by 57.0 per cent (seasonally-adjusted) from November 2020 to November 2021 and increased by 49.5 per cent (seasonally-adjusted) from October 2021 to November 2021. The national month-over-month increase was 6.8 per cent.

“The strong growth in Saskatchewan’s building permits in November shows renewed confidence in our economic recovery,” Trade and Export Development Minister Jeremy Harrison said. “Over the past year we have seen significant investments into Saskatchewan and the increase in both residential and non-residential building permits further demonstrates we are building a strong Saskatchewan.”

Non-residential Building permits grew by 73.9 per cent year-over-year from November 2020 to November 2021 and residential permits were also up just over 50 per cent during this period.