ICBA’s Summer 2020 edition of the Construction Monitor examines how the construction industry — and ICBA itself — adapted and worked safely throughout the first phase of the COVID-19 pandemic.
Click HERE to see the 4-page PDF.
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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: