The sculpture, titled "Echoes," will remain on Kits Beach where it has been installed since 2010, a Biennale spokesperson said.
Aphorisms in French and English are inscribed into each of the 16 stainless steel chairs. When sunlight hits the chairs at the right angle, the aphorisms are projected onto the sand below as one large poem.
"With 'Echoes' (Goulet) turns the everyday chair into a poetic sculpture that invites us to come together to interact as neighbours," said Biennale president Barrie Mowatt.
"Goulet is a great Canadian artist and his iconic chair sculpture a great addition to this city."
Kits, one of Vancouver's most popular beaches, is located on English Bay across from the downtown core.