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Inflation is a Real Threat to Canada’s Construction Industry.
Inflation presents a significant challenge for Canada’s construction industry, which faces rising costs in labor and materials. Contractors, owners, and procurement agencies must collaborate to manage these escalating costs effectively. One solution is to develop a price index for volatile materials like steel and copper, adjusting project prices based on fluctuations. This approach, focused on risk-sharing, aims to mitigate inflation’s impact while ensuring project success. While this is not yet the norm, it offers a pragmatic, cooperative path forward.
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The Latest from Canada Research
Now that Canada seems to be climbing out of the economic hole left by the COVID-19 pandemic, what does this mean for the construction market? This week’s Blog takes a deep dive into the data of the 2022 Canadian Real Estate Outlook to see what the future may hold for different real estate markets.
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Construction and Autonomous Vehicles — Considerations for Increased Adoption
Autonomous construction equipment is already being deployed to construction job sites, a tightly structured and well-ordered location where autonomous vehicles can potentially excel at increasing efficiency and improving safety. This week’s Blog from the experts at BLG take a look at the role of autonomy on the job site, and highlight areas for stakeholders to consider in the development and adoption of autonomous vehicles in construction sites.
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Green Buildings are Part of Climate Action and Support Healthy, Resilient Communities
Canada recently ranked second globally on the annual list of Top 10 Countries and Regions for LEED in 2021! This week’s Blog from CaGBC discusses what this means and takes a look at the benefits from LEED.
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Disciplined Leadership/Painful Delegation
For many leaders, the one thing in shortest supply is time. As a result, they are faced with an ever-challenging set of choices on prioritization. Who or what gets attention first? This week’s Blog from noted business advisor Mark Breslin proposes a simple but disciplined change in your leadership style that should give you at least an hour a week back for you to use as necessary.
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Is Crisis Communications the New Normal?
When is a crisis, not considered a crisis? This week’s Blog from the Association of Equipment Manufacturers seeks to address this question by suggesting some effective management tools that will help your organizations make it through times of stress into the ‘new normal’.
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Alberta OHS Legislation Changes: What Owners and Prime Contractors Need to Know
Recently, amendments were introduced to Alberta’s Occupational Health and Safety Act. This week’s Blog from the experts at BLG take a look at what that means for construction in the province.
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Pandemic Challenges and Solutions: Leveraging the Virtual Design Studio Ask an Expert: Assembling a virtual design studio to generate and evaluate design ideas proved that remote collaboration is a powerful tool
Working from home, while pursuing a design-intensive opportunity, might not sound ideal. But as architect Andrew Burnett and project manager Lee Warren discovered, remote collaboration can be a powerful design tool. In this week’s Blog, we take a look at a conversation between Andrew and Lee and the editor of the Stantec Design Quarterly, about the remote process.
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Sustainable Construction Benefits All
In response to climate change, there has been a greater focus on sustainable development and green building solutions that minimize the impact of the built environment on the planet. This week’s Blog from the experts at PCL Construction gives us a look into what it takes to meet growing client demands and develop real, tangible, solutions to climate change.
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Get Ready for BUILDEX Vancouver!
BUILDEX Vancouver is Western Canada’s largest forum connecting the holistic building industry. Our attendees join to interact, learn and discover the newest innovations from a market in constant transformation. This week’s Blog takes a peek at what to expect from the event and why you need to be marking your calendars for the end of March.
FOR INDUSTRY, BY INDUSTRY!
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