B.C.'s construction industry sees reversal of fortunes with worker shortage

  • 📰 CHEK_News
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 55%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The British Columbia Construction Association has released a new report showing contractors are feeling the pressure as numerous factors leave them in a difficult position.

The labour pool has shrunk, interest rates have risen and construction costs have skyrocketed, the association says.

“This project is behind schedule and over budget so we’re struggling with people to get employees or get workers on site. There’s a lot of work out there and they’re dispersed and we’re not sure where they’ve all gone,” said Dueck. “As we all have heard, construction costs have skyrocketed. You’ve got cost increases, you’ve got construction cost increases and interest rate increases, and no guys to do the work so it’s extremely stressful on us.”

The BC and Vancouver Island Construction Associations say the B.C. government could help the industry by enacting prompt payment legislation that would require sub-contractors to get paid within 30 days.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Its all sham & Bull Sh++

Stay out of the trades its all a sham and Bull S++t

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 59. in CA

Canada Canada Latest News, Canada Canada Headlines