Our Jordan Bateman gives you the heads-up on new inflation number, new construction numbers, and an old political trick that just delays the inevitable.
📈 The latest inflation numbers are out, and the Consumer Price Index slowed to 3.1% in October – down from 3.8% last month. Desjardins thinks this likely closes the door on future interest rate hikes, especially in light of a Bank of Montreal analysis showing mortgage interest costs are now the leading driver of inflation in Canada.
🏗 The latest construction numbers are out from Statistics Canada. In September 2023, Canada saw a notable uptick in investment in building construction, which increased by 5.3% to reach $18.9 billion. This growth was led by the residential sector, which rose by 7.3% to $12.9 billion. But Alberta and B.C. had contrasting trends…
♻️ After a big loss to the Trudeau Government yesterday, when the Federal Court of Canada struck down their 2022 plastics ban, Environment Minister Steven Guilbeault announced the feds would appeal to the Supreme Court of Canada.
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Our Jock Finlayson digs into the BC Government's latest employment projections for the construction industry.TL;DR -- Now is an *incredible* time to get into construction!
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ICBA ECONOMICS: Focus on B.C. Construction Labour Supply & Demand
By Jock Finlayson, ICBA Economics The availability and cost of qualified workers is a day-to-day concern for many ICBA members as well as for the construction industry generally. As a large and founda...
We are thrilled to partner with Beedie Luminaries in their new BUILD apprentice bursary program.Over the next five years, the program will help 285 tradespeople with $5.5 million in funding. Each eligible student will receive up to $20,000 over four years.The Beedie family have been part of ICBA from our organization's very beginning -- and we thank them for supporting the next generation of construction professionals!Beedie Luminaries
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LNG is vital to BC's economic prosperity -- the world needs more Canadian energy!
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So proud of the construction professionals who made this nation-building project possible!With the Trans Mountain pipeline expansion operational, Canadian oil will be able to compete in the global marketplace. Learn what this will mean for Canada and the world: bit.ly/3y1A153
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TRAINING THURSDAY: Defending Your Digital Frontier - Navigating Cyber Risks for Business SuccessKerry and Jordan talk about ICBA’s latest featured course.Defending Your Digital Frontier: Navigating Cyber Risks for Business SuccessFREE! | Live OnlineMay 29, 2024 | 9:30-11AM Pacific Timeicbatraining.arlo.co/w/courses/518-defending-your-digital-frontier-navigating-cyber-risks-for-bus...Missed this one? Check icba.ca/coursesConstruction had another rough year in 2023 dealing with cybercrime. According to a study by encryption software firm NordLocker, construction ranked as the top industry target for cyberattacks in two of the past three years. On average a Canadian business sees 40 cyber-attacks each year. When cyberattacks like data breaches and hacks occur, they can result in devastating damage. That type of event could mean the loss of your database, your contracts, your proposals, or your business operations, meaning business disruptions, lost revenue, and litigation. With the increasing reliance on technology, the risks you expose your business to increase as well! Cyber exposures aren’t going away and, in fact, continue to escalate. It is important to remember that no organization is immune to the impact of cybercrime. Protecting your digital assets should be a number one priority. Businesses need to be prepared if a cyberattack strikes.This free 1.5-hour session will cover: • Data breach coverage• Business interruption loss reimbursement • Cyber extortion defense • Legal support • Cyber liability insuranceJoin us and Nikki Keith, Principal at Wilson M. Beck Insurance Services Inc., to learn more about how you can plan and protect yourself.
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Congratulations to the thousands of men and women who made this nation-building project possible! You have literally built Canadian prosperity!TMX: Now up and running!#get2yes #got2yesTrans Mountain Announces Milestones of Commercial Service for Expanded System.Read more ➡️ ow.ly/RczE50RtqeS
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