ICBA’s Jordan Bateman and TheOrca.ca’s Maclean Kay break down the Kevin Falcon campaign launch, the state of the BC Liberal leadership race, the NDP’s US cruise ship misreads, and (of course) COVID-19.
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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: