BC Budget 2024

The Southern Interior Construction Association (SICA) stands with the British Columbia Construction Association (BCCA) in expressing support for the Government’s objectives to enhance housing and infrastructure development. However, there are significant concerns regarding the practicality of the Government’s policy strategies amid workforce shortages. The omission of Prompt Payment Legislation in the 2024 Budget places BC’s small and medium-sized contractors in a precarious situation, further questioning the feasibility of these policies to address the construction industry’s needs and to stimulate provincial economic growth effectively.
It seems overly optimistic to expect that the construction industry in BC can achieve the ambitious goals set for multi-unit housing projects, which are essential for improving affordability for residents. This skepticism is due to the challenges posed by escalating material costs, burdensome payment delays, and critical workforce shortages. Our preliminary findings from the 2024 Construction Industry Survey highlight the Top 3 priorities for BC construction employers, which underline the industry’s critical concerns:
- The acute shortage of skilled construction workers.
- The urgent need for the implementation of Prompt Payment Legislation, adjudication processes, and Lien Reform.
- The efficiency of permitting and inspection processes, including those managed by municipalities and BC Hydro.
- These priorities underscore the necessity for a more robust and industry-sensitive approach in policymaking to ensure the construction sector's resilience and its pivotal role in fostering economic prosperity across the province.
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As a Member you are a part of a collective voice, the SICA voice. Together, our voice is changing the construction community and helping your business grow through advocacy, networking events, affinity programs, direct business leads and more. Our voices promotes fairness, transparency and open communication in the construction industry. Join SICA to grow your business today and be a voice for our industry tomorrow.
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