ICIC Construction Sector Quarterly Insights
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Higher oil prices: Geopolitical tensions and increased global demand influenced a Q3 energy price surge.
Construction labour: Labour force and employment in the construction sector declined, with substantial job losses in British Columbia, Ontario, and Quebec; however, there are still 58,000 unfilled roles.
A comprehensive housing strategy will require more public investment in the foundational infrastructure required to support new homes and communities.
