๐จ๐ฆ Canada
Bank of Canada policy rate and inflation, plus Statistics Canada construction, permits, new-home prices, and shelter CPI.
Overnight policy rate
Total CPI (YoY)
Urban housing starts
Permit units (SA)
Permit value
NHPI (house + land)
Rented accommodation YoY
Owned accommodation YoY
Monetary policy
Interest rate
Target for the overnight rate (policy rate), business daily ยท 2016-09-12 โ 2026-09-12
Inflation
Total CPI year-over-year plus preferred core measures (CPI-trim, CPI-median, CPI-common). Dashed line is the 2% inflation-control target.
1. Construction pipeline
Starts, under construction and completions
CMHC urban centres of 50,000+ (Statistics Canada table 34-10-0151-01), Canada, total units, monthly. Starts and completions are on the left axis; units under construction (stock) on the right. StatCan currently publishes starts through Jul 2026, while under construction and completions in this table stop at Dec 2022.
Starts minus completions
If starts fall below completions, the future pipeline is shrinking. Values use months where both series are published.
2. Building permits
Residential permits: units vs value
Leading indicator, typically 3โ6 months ahead of starts. Canada, total residential, types of work total, seasonally adjusted. Current Statistics Canada table 34-10-0292-01 (replacement for archived 34-10-0066-01). Value is shown in thousands of dollars.
3. New homes and rents
New Housing Price Index
Selling prices of new houses, with house structure separated from land. Statistics Canada table 18-10-0205-01, Canada, monthly.
CPI shelter: rented vs owned accommodation
Year-over-year change in the monthly CPI (not seasonally adjusted). Statistics Canada table 18-10-0004-01, Canada. All-items and total shelter shown for context.
Sources: Bank of Canada Valet API ยท Statistics Canada WDS tables 34-10-0151-01, 34-10-0292-01, 18-10-0205-01, 18-10-0004-01.