Canadian Building Permits MoM (Feb) M/M -8.4% vs. Exp. -0.5% (Prev. 4.8%)

The significant decline in Canadian building permits for February, coming in at -8.4% versus an expected drop of just -0.5%, may suggest a cooling in the housing sector, especially given the previous month's increase of 4.8%.

Newsquawk StaffPublished 13 Apr 2026, 12:50 UTCOn the live feed at 12:30 UTC — 5 more headlines followed before this page went public

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Hungary election winner Magyar says budget will have to be modified

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OpenAI exec touts Cos. alliance with Amazon (AMZN) as a key growth driver for its enterprise business, while noting Microsoft (MSFT) has ‘limited our ability’ to reach clients, CNBC reports

12:30

Canadian Building Permits MoM (Feb) M/M -8.4% vs. Exp. -0.5% (Prev. 4.8%)

12:22

Rosatom Head says Russia begins final wave of evacuation from Buchehr nuclear power plant, according to Ria

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Context

This miss could indicate weakening confidence among builders, potentially impacting future construction activities and broader economic growth forecasts, which may prompt reassessments of monetary policy and interest rates.

Macro · last 90 days

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