Chris and Jordan react to the troubling weekend news that Kinder Morgan has set a May 31st drop-dead date for the province to get out of the way of their Trans Mountain Pipeline expansion project.
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Residential construction costs are up 65-70% since 2019. Overall inflation? About 25%.
Non-residential building costs: up 40-45%. And Canada's increases have outpaced the U.S. across the board.
ICBA Chief Economist Jock Finlayson digs into why — and what to do about it:
People opposed to the pipeline should pay extra tax to make up for the tax we would have got from the pipeline. Or they should have their gov’t benefits reduced, such as pension and health care. In other words, put your money where your mouth is.