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  • Challenges Ahead for the Construction Industry

    The end of an economic boom and a new provincial tax are testing the resilience of Saskatchewan's construction industry. 

    The construction industry's problems started when the price of a barrel of oil dropped from US$110 to US$50 in 2014.

    "Two years ago, the Alberta industry cratered. Alberta contractors began flooding into Saskatchewan - which was slower to dip," says Mark Cooper, President of the Saskatchewan Construction Association (SCA). As the downturn spread here, companies working in housing and in oil and gas moved into other sectors in order to stay afloat. Where bid openings once included a handful of submissions, there were now dozens.

    Read the rest of the article on page 30 here.

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