Building in June wasn't what it had been in previous months, according to figures released Monday by Statistics Canada.
The agency said municipalities issued building permits worth $6.4 billion in June, down 5.5% from the previous month. Lower construction intentions for multi-family dwellings and institutional buildings were mostly responsible for the decline.
The nation's number-crunchers went on say that the residential sector, the value of building permits fell 5% to $4.1 billion, the third consecutive monthly decline. The decrease in the value of multi-family dwelling permits more than offset the gain posted by single-family homes. Five provinces recorded declines, led by British Columbia and Ontario.
Finally, the value of non-residential permits was down 6.2% to $2.3 billion in June, led by lower construction intentions for institutional buildings. Decreases were registered in seven provinces. Ontario and the Northwest Territories posted the most notable declines.
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