Construction industry faces high inflation, job action from workers

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 99%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

The construction industry is feeling the pressures of inflation. Statistics Canada says residential construction costs have increased 25 per cent since last year. Meanwhile, workers are also demanding higher pay to keep up with inflation.

With fear of shortages and price fluctuations, Gower said the construction industry has had to rely more on stockpiling supply rather than just-in-time delivery.

On top of that, the high price of fuel driven by the pandemic and Russia's invasion of Ukraine has also increased costs for shipping. That's pushed some construction companies to buy products locally, Grower said.Workers in the construction industry have also been fighting for higher pay to meet the inflationary pressures on their living expenses, even initiating job action. Thebegan a province-wide strike on Monday after 75 per cent of its members voted to reject a contract proposal.

"Carpenters, like other construction workers, kept working on job sites to build critical infrastructure all the way through the COVID crisis," union president Mike Yorke said in a news release on Thursday. "Their work was seen as essential during the pandemic and because of this, and because of the spiralling cost of living increases, our Union and our members believe that wages now have to be increased.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

A general strike that would absolutely get peoples attention, even high high politicians. Only problem is they may invoke emergency measures

Man, imagine if all minimum wage works took job action for even just a single day…😂

Construction industry? Slaves!

iTs RuSsIaS fAuLt.

FYI. There's way too many condos being built. Everything is going to be conjested with traffic and over crowding.

Understand inflation easily. 5 reasons why Prices are going up and 10 things will be more expensive till the end of 2022

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 1. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

U.S. profit forecasts weaken as companies assess inflation risksExpectations fall as costs surge for oil and other supplies and interest rates rise The world according to profits ....
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »