CIQS economists want reforms to address funding for nation-building projects
AI Article Summary
The Canadian Institute of Quantity Surveyors (CIQS) is urging the federal government to reform funding strategies for infrastructure and housing projects. They stress the importance of involving industry professionals for effective cost management and project efficiency. Despite government investments, CIQS identifies gaps in current practices and suggests integrating modern building methods to address the housing crisis. The construction sector significantly contributes to Canada's GDP and employment, highlighting the need for strategic planning.
What This Means for Canadian Contractors
This call for reform highlights the potential for more efficient use of government funding in major construction projects. For Canadian builders, this means the opportunity to influence and optimize government investments through collaboration with quantity surveyors, potentially impacting project permits, timelines, and overall costs. Utilizing innovative methods like modular construction could improve project efficiency and sustainability.
