ICBA ECONOMICS: Mid-Year Update
ICBA Chief Economist Jock Finlayson has just released a mid-year update on economic conditions in Canada, with a specific focus on British Columbia and Alberta. The analysis is sobering. By most measures of economic performance, Canada has been losing ground relative...Record Deficits Dim BC’s Economic Future: ICBA
Historic deficits brought on by unchecked government spending will cause long-term damage to the provincial economy and imperil B.C.’s competitiveness, says the Independent Contractors and Businesses Association (ICBA), Canada’s largest construction association. The...ICBA ECONOMICS: No Course Correction in Sight — The Federal Government’s Fall Economic Statement
The following was written by ICBA Chief Economist Jock Finlayson: There were few surprises in the Fall 2023 Economic Statement delivered by federal Finance Minister Crystia Freeland on November 21.[1] The Liberal government is not deviating from its well-established...
Construction Costs Increased 6% Over Past Year – But Pace is Starting to Slow
The following was authored by Jock Finlayson, ICBA Chief Economist. The construction industry across Canada has been grappling with sharply escalating building costs for the last several years. The direction of travel for costs is still pointing upward, but the pace...Follow ICBA on Facebook
TRAINING THURSDAY: Understanding Self-Care: More Than Just a Buzzword (Webinar)![]()
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Kerry and Jordan talk about ICBA’s latest featured course – and it’s free!![]()
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Understanding Self-Care: More Than Just a Buzzword (Webinar)![]()
Wednesday, Dec. 11, 2024 | 11AM – Noon Pacific![]()
Live Online | FREE!![]()
icbatraining.arlo.co/w/courses/602-understanding-selfcare-more-than-just-a-buzzword/2637 ![]()
Missed this one? Check out icba.ca/courses![]()
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In today’s fast-paced world, self-care has become a buzzword often thrown around in casual conversation, but what does it truly mean? Is it merely a trendy hashtag or a genuine practice that can transform our lives, particularly in high-stress fields like construction?![]()
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In this enlightening 1-hour webinar, we’ll delve deep into the true essence of self-care and debunk common misconceptions that diminish its importance. You'll discover that self-care is not just about pampering yourself with a spa day—it's about nurturing your physical, emotional, and mental well-being, especially in a demanding work environment.![]()
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Thank you to CCI/Kanin Construction for their support of ICBA Wellness, which allows us to offer this webinar free-of-charge.
📉 B.C. is in a housing crisis.![]()
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Prices are sky-high, supply is at rock bottom, and policies are failing to keep up with demand. ICBA President Chris Gardner says we need bold action to get shovels in the ground and homes built faster. It’s time to cut the red tape and build for the future. ![]()
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🏠 Read his full take here: x.com/icbabc/status/1859384978183799086 (posted via X) -- or check it out in Business in Vancouver.![]()
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#BCHousingCrisis #economicgrowth
x.com
WELLNESS WEDNESDAY #177: Corey Hirsch in Prince George![]()
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The Prince George Citizen ran a great feature story on ICBA Wellness Ambassador Corey Hirsch, after his recent visit there. This excerpt sums up perfectly what we are trying to accomplish with ICBA Wellness:![]()
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“The two main things I try to get across is if you need help, go get it, there’s no shame in it,” [Hirsch] said. “The second is that it’s not only important to be that person that raises your hand, it’s just as important to be that person who is receptive of someone raising their hand.”![]()
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Nearly 40 per cent of long-term disability claims in Canadian workplaces are related to mental health. While employers have gotten more educated about resources available to treat those conditions and are more accepting of their role to provide that help, Hirsch says there’s still plenty of room for improvement.![]()
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“People don’t want to lose their livelihood, they don’t want to lose their job to mental health issues, so they’re reluctant to come forward to their employer, “he said. “When workers see that they’re bringing me in with ICBA, they see that their employers care and that there’s a safe place to get help. Billions of dollars are lost every year in work industries because workers don’t get help and they’re afraid to get help.”![]()
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Corey’s right: Our employers do care about their team’s mental health. And we work every day to improve it!![]()
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Each week, ICBA’s Jordan Bateman reflects on what we’ve learned as we participate in ICBA’s Workplace Wellness Program. ICBA’s Workplace Wellness Program has helped more than 100 companies and 15,000 construction professionals better understand mental health. This program is free for all ICBA members – check out icba.ca/wellness for details.
💸 Since 2019, B.C. has seen private sector job growth stagnate, while public sector jobs have surged by nearly 30%. ICBA is calling on the new cabinet to rethink policies that stifle private-sector growth and job creation. ![]()
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Read our Chief Economist Jock Finlayson's full analysis: www.icbaindependent.ca/2024/11/19/icba-economics-some-priorities-for-the-new-b-c-cabinet/![]()
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#bcpoli #fiscalpolicy
🚨 Canada's Productivity Emergency 🚨![]()
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Did you know that labour productivity in Canada declined from 2019-2023, while the U.S. saw a 6% gain over the same period? Canada's business sector productivity now stands at just 70% of the U.S. benchmark, down from 85-90% in the 1980s and 1990s. ![]()
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ICBA's Chief Economist Jock Finlayson outlines the challenges and offers actionable solutions for reversing this troubling trend. Read more here: www.icbaindependent.ca/wp-content/uploads/2024/11/ProductivityNote_JF_Nov-13-2024.pdf![]()
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#icbaeconomics #productivitychallenge #canadianbusiness
ICBA Wellness Ambassador Corey Hirsch Official and ICBA Regional VP Mike Davis were in Prince George last week at the 2024 Mental Health and Addictions Symposium, co-hosted by the North Central Local Government Association, the Lheidli T'enneh, the City of Prince George, and the Regional District of Fraser-Fort George.![]()
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More than 300 local leaders attended, including Councillor Crystal Gibbs (Lheidli T'enneh First Nation), Mayor Simon Yu (City of Prince George), Lana Beckett (Chair of the Regional District of Fraser Fort-George), and Judy Greenaway (President of the North Central Local Government Association).![]()
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Corey delivered the keynote address, told his story, and made the case to break down the stigma around mental health -- especially among men. Thank you to the organizers for putting together this incredible event and for hosting us!
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💡 Want to solve B.C.’s financial mess? Start with economic growth!
In BIV today, ICBA President Chris Gardner says housing and infrastructure investment are key to turning things around.
#BCEconomy #ICBAInsights