C&C #3: Condo Bailout Blunder

If you build for a living in British Columbia or Alberta, here's your nine-minute catch-up. Episode 3 of ICBA Coffee & Construction is live — our Monday/Wednesday/Friday video and podcast briefing on the news that actually moves a job site.

Today's lead is the condo bailout. B.C. just hit a record pile of unsold condos — the most since 1990 — and the government's answer is to buy 2,200 of them with your money. On the show we split the part worth keeping — the infrastructure money and the DCC cuts — from the part that isn't: propping up prices in the least affordable market in the country, for a plan nobody in our industry asked for.

Then: David Eby is cutting his China trade mission short to fly home for a major-projects deal with Ottawa — the Massey Tunnel, the North Coast Transmission Line, clean energy and critical minerals. 

And the number that ties it together, fresh from ICBA Economics: construction job vacancies just fell almost 24 per cent in a year — the steepest drop of any industry. Contractors aren't pouring concrete. They're pricing risk.

It's fast, it's sourced, and it's built for people who don't have time to read 14 news sites before their first coffee. Watch the full episode on YouTube or listen on your favourite podcast platform. New episodes Mondays, Wednesdays and Fridays — subscribe so you don't miss one, and send it to someone who builds for a living.