BC construction industry faces challenges amid growing demand for infrastructure investments
Statistics in the BC Construction Association's (BCCA) Fall 2024 Construction Industry Stat Pack demonstrate that while the value of existing projects continues to grow, the threat posed by inadequate industry support and declining investments in major projects is concerning. The industry faces intense pressure to meet the current demand due to persistent workforce shortages, high labour costs, and uncertainty regarding payments.
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Statistics in the BC Construction Association's (BCCA) Fall 2024 Construction Industry Stat Pack demonstrate that while the value of existing projects continues to grow, the threat posed by inadequate industry support and declining investments in major projects is concerning. The industry faces intense pressure to meet the current demand due to persistent workforce shortages, high labour costs, and uncertainty regarding payments.
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