British Columbia\u2019s multi-family component drives the residential sector decline<\/strong><\/p>\n Canada\u2019s residential construction intentions declined by $247.4\u00a0million (-2<\/span>.9%) to $8.4 billion in February 2025. Overall, the multi-family component fell by $224.8 million, while the single-family component decreased by $22.6 million. British Columbia\u2019s multi-family component (-$185.5\u00a0million) led the decline, with decreases concentrated in the Vancouver CMA<\/a>. Quebec (-$131.5\u00a0million) and New Brunswick (-$105.4\u00a0million) contributed to the residential sector decrease in February, after helping to offset losses in the national residential sector the previous month<\/a>. Quebec\u2019s residential sector decline was driven by the multi-family component (-$107.9\u00a0million) and supported by the single-family component (-$23.6\u00a0million). New Brunswick\u2019s residential sector decrease was led by the multi-family component (-$103.3\u00a0million). The decrease in the national residential sector was mitigated by Ontario (+$110.2\u00a0million).<\/p>\n Across Canada,\u00a021,000\u00a0multi-family dwellings and\u00a04,800\u00a0single-family dwellings were authorized in February, down\u00a07.1% from the previous month.<\/p>\n \u00a0<\/p>\n \t\t\t\t<\/div>\n![\"-\"](\"https:\/\/www.canadiancontractor.ca\/wp-content\/uploads\/2025\/04\/feb-permits-statcan.png\")
In February, the total value of building permits<\/a> issued in Canada increased by $371.3 million (+2.9%) to $13.1 billion. Gains in construction intentions were led by British Columbia\u2019s non-residential sector. On a constant dollar basis (2017=100), the total value of building permits issued in February grew\u00a03.2% from the previous month and was up\u00a05.6% on a year-over-year basis.<\/p>\n