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What are the main uncertainties facing the construction industry?

As the economy begins to slowly normalize, the number of construction projects in Canada is beginning to pick up – but this surge in construction activity also comes with emerging uncertainties and challenges that contractors must address.

Some of these uncertainties that construction businesses must tackle include:

  • Changes in the economy: The spike in gas prices has had a knock-on effect on daily life, from commuting to grocery shopping. The same could be said of the construction industry, which has seen a surge in the cost of building materials such as lumber. Construction businesses should expect their costs to surpass their…

Read more at www.insurancebusinessmag.com

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