Articles from BCCASSN

The BC Construction Association (BCCA) has released its Fall 2025 Stat Pack report highlighting inflationary pressures in the construction industry. Material costs have risen by 4% year-over-year, double the Bank of Canada's inflation target, adding to affordability challenges. Despite rising costs, the sector remains steady with an increase in permit values and ongoing strong employment. The introduction of Prompt Payment legislation aims to address payment delays, a move supported by BCCA.

The British Columbia Construction Association (BCCA) has welcomed the provincial government's introduction of prompt payment legislation. This move is seen as a crucial reform for the construction industry, addressing payment uncertainties that have long plagued contractors in British Columbia. The legislation aims to ensure timely payments, reducing financial risks for businesses and contributing to economic stability. The BCCA emphasizes the necessity for further reforms, such as lien act modernization, to support this legislation.