Community Dashboard: Non-residential building permit value
Rationale and analysis
Why this measurement is important
Provides insight on the level of interest and future development and/or construction in the industrial, commercial and institutional sectors, which helps to determine the economic health of the Region.
How we measure this data
Figures reported by Planning and Development Services, unadjusted for inflation.
2021 figure onwards is sourced from Statistics Canada data, which exclude Grimsby and West Lincoln and is to the nearest 1,000 dollars; Reported monthly and summarized on an annual / year-to-date basis.
About this indicator
Building permits are a type of authorization that must be granted by a government or other regulatory body before the construction of a new or existing building can legally occur.
This indicator shows the total industrial, commercial and institutional building permit dollar value.