Construction intentions in retreat as building permit values decline - On-Site Magazine

Construction intentions in retreat as building permit values decline - On-Site Magazine

Building permits, March 2025. (Source: Statistics Canada, Table 34-10-0285-01, Building permits, by type of building and type of work.) The total value of building permits issued in Canada decreased by $549.4 million in March, falling 4.1 per cent to $12.9 billion, reports Statistics Canada. The decrease was led by the non-residential sector whose $716.3 million drop was tempered by a $166.9 million gain in the residential sector. Across the non…