[ad_1]
In November, the total value of building permits issued in Canada decreased by $1.8 billion (13.1 percent) to $12 billion. Both the residential ($1 billion) and non-residential ($788.2 million) sectors contributed to the decrease.
On a constant dollar basis (2023=100), the total value of building permits issued in November declined 13.3 percent from the previous month and was down 3.9 percent on a year-over-year basis.
Ontario’s multi-family component leads residential sector decrease
In November, residential construction intentions decreased by $1 billion (12 percent) to $7.5 billion. Ontario ($884.5 million) drove this decrease after leading the sector’s gains in October.
Overall, the multi-family component fell $1 billion to $4.9 billion in November. The national decline was driven by Ontario ($928.1 million), followed by Quebec ($263.8 million), while British Columbia ($196.9 million) tempered the decline.
The single-family component edged down $3.8 million to $2.6 billion in November. Gains in seven provinces and one territory were offset by a decline in Quebec ($80.5 million).
Nationally, the authorizations of new residential construction fell; 20,500 multi-family dwellings and 4,100 single-family dwellings were authorized in November, reflecting an 11.4 percent decrease from the previous month. From December 2024 to November 2025, the total number of multi-family dwellings authorized was 259,300, up from 224,700 during the period spanning from December 2023 to November 2024.