Stress cools across construction, but public work slips
Construction Dive
AI Article Summary
The construction industry is experiencing less stress, but public works are facing challenges due to issues with federal funding, according to ConstructConnect. Civil construction projects have either been abandoned or put on hold, largely because of these funding issues.
What This Means for Canadian Contractors
These developments highlight the importance of stable federal funding for civil projects. For Canadian builders, this means paying close attention to government funding announcements and potential project delays. This also underscores the need for strategic planning and diversified sources of funding to mitigate possible impacts on timelines and costs.
