However, Statistics Canada says that the decline was eased by higher intentions for building condos in Ontario which gained $359 million from a month earlier.
Vancouver saw the largest drop in value of permits issued, especially for multi-family developments. The metro’s building permits value was $568 million, down 35.2 per cent in the month.
Edmonton also saw a sharp drop in permits issued. Although smaller in dollar terms than Vancouver, it was a larger percentage drop (42.9 per cent).
Oshawa and Kitchener–Cambridge–Waterloo recorded the largest increases, both up 123.3 per cent over the previous month.
Nationally, permits totalling $2.2 billion were issued for multi-family developments, down almost 8 per cent from November; single-family intentions were down 0.9 per cent to $2.9 billion.
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Residential building permits issuance dropped in December 2016 compared to November as intentions rental apartments and row houses slipped.