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5 min read

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 foundational economic sector, construction remains...

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3 min read

ICBA ECONOMICS: Household Formation, Immigration and Housing Markets

By Jock Finlayson, ICBA Chief Economist The 2024 federal budget unveiled dozens of new initiatives intended to address Canada’s unfolding housing...

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2 min read

ICBA ECONOMICS: Trudeau Government Creating Difficult Fiscal Legacy

By Jock Finlayson, ICBA Chief Economist When future historians assess the economic and fiscal record of the Justin Trudeau government, they are...

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5 min read

ICBA ECONOMICS: Thoughts on Canada’s Productivity Crisis

By Jock Finlayson, ICBA Chief Economist With the 2024 federal budget due to be delivered on April 16th, now is a good time to summarize the major...

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2 min read

ICBA ECONOMICS: The Role of the Construction and Real Estate Industries in 'Corporate B.C.'

By Jock Finlayson, ICBA Chief Economist Recent news that the Royal Bank has completed its planned takeover of HSBC Bank Canada points to a further...

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1 min read

ICBA ECONOMICS: Sluggish Building Construction in Most of Canada

By Jock Finlayson, ICBA Chief Economist Nationally, investment in building construction fell slightly in January 2024. Investment was lower (-1.4%...

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2 min read

ICBA ECONOMICS: Canada’s Prosperity has Flatlined since 2014

By Jock Finlayson, ICBA Chief Economist Canada’s economic prosperity is stagnating, at best. Many readers may feel this, based on their own...

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2 min read

ICBA ECONOMICS: Canadian Investment Spending – Updated Estimates for 2023 and a Preliminary Forecast for 2024

By Jock Finlayson, ICBA Chief Economist Statistics Canada has just published its latest report on non-residential capital spending. The release...

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4 min read

ICBA ECONOMICS: Damn the Fiscal Torpedoes! Assessing the 2024 B.C. Budget

By Jock Finlayson, ICBA Chief Economist Any lingering doubts as to whether government is now the principal “growth industry” in British Columbia can...

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2 min read

ICBA ECONOMICS: Income Trends Key To Creating Affordability

By Jock Finlayson, ICBA Chief Economist At a time when affordability and the cost of living have emerged as top-of-mind issues for many Canadians, it...

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