Industry Perspectives Op-Ed: Canada’s ‘can do’ spirit stifled by bad policies

Canada’s construction industry could build more for less. Building critical infrastructure more efficiently would boost productivity and save public tax dollars.It’s not like we didn’t see this coming. For decades, Canada’s labour productivity has been abysmally low compared to other countries.

According to the independent Cardus think-tank, Toronto could save $347 million annually by making better choices. The federal government should be easing the complex, open-ended, over-regulated approvals process so that it’s more predictable and easier for companies to navigate. No projects should be in limbo for more than a decade like the Trans Mountain Pipeline Expansion project.

That’s key, as labour shortages persist and demographics shift, with the retirement of approximately 25 per cent of the construction workforce this decade.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Auto industry 'quite healthy' despite earnings slump: ExpertThe auto sector is grabbing investor attention as major companies like Stellantis (STLA) and Ford (F) report underwhelming second-quarter earnings. CarGurus ...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

After $500-million Loblaw price-fixing settlement, lawyers set sights on other industry playersAttorneys say a commitment by Loblaw and George Weston to provide information will strengthen their case against other defendants
Bron: globeandmail - 🏆 5. / 92 Lees verder »

Market rotation, auto industry rebalancing: Asking for a TrendOn Thursday's edition of Asking for a Trend, Host Josh Lipton breaks down some of the biggest stories and themes impacting markets. The auto sector is...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »