The Canadian Press
Municipalities issued $5.7 billion in building permits in January, a 4.9 per cent decline from December.
That’s still 32.7 per cent higher than January 2009.
Statistics Canada blames the month-to-month decline on a substantial drop in non-residential building intentions.
Contractors took out $1.7 billion in non-residential permits in January, a 21 per cent decline from December largely due to a drop in the commercial component.
An increase in permits for single-family dwellings more than offset a decline in multi-family dwellings as the value of residential permits rose 4.1 per cent to $4 billion.
That’s almost twice the value registered in January 2009.
The total value of construction intentions fell in five provinces and two territories in January, led by Alberta and British Columbia.