In December 2016, Alberta municipalities issued $827 million in building permits, down 28.6% from December 2015. This is the lowest value of Alberta building permits issued in a month since March 2009. Nationally, building permits increased 1.4% over the same time period. In Alberta, all building types experienced declines: residential (-31.2%), industrial (-48.2%), commercial (-21.5%), and institutional (-17.4%).
Over calendar year 2016, building permits in Alberta totaled $13.6 billion, which is down 18.8% from 2015. Only Saskatchewan faced a steeper annual decline (-30%).