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January 27, 2009
BC's Construction sector comments on federal budget
VANCOUVER -- The Independent Contractors and Businesses Association (ICBA) offers the following commentary on today's federal budget.
ICBA (www.icba.ca) is pleased to see an emphasis on infrastructure spending and getting the construction economy moving forward. “Every billion dollars spent on construction creates 20,000 direct and indirect jobs, so not only will British Columbia benefit from the federal government’s commitment to infrastructure building with improved road, water and sewer systems, but we’ll also see more job creation and positive economic spin-off,” said Philip Hochstein, President of the ICBA.
“We are pleased that the government listened to ICBA and industry to move forward on deferred maintenance and repair projects. These projects are “shovel-ready”, and will get smaller contractors working right away.”
ICBA is pleased to see the federal government stimulate home renovations with a $1,350 tax credit. “This move is very prudent, because it allows people the chance to improve their most valuable asset at a time when construction prices are at their lowest.”
With the provincial budget expected next month, Hochstein adds that he looks forward to seeing the Province make similarly astute investments.
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Media contact:
Carla Shore, Communications Director
carla@icba.ca
P: 604-298-7795
C: 604-329-0975 |
Philip Hochstein, President
Philip@icba.ca
P: 604-298-7795
C: 604-561-9402 |
About ICBA
ICBA services and represents B.C.’s construction sector. ICBA’s members — who include both the Industrial, Commercial and Institutional (ICI) and residential construction sectors — are involved in virtually all major capital projects in British Columbia. www.icba.ca.
| ICBA is the voice of BC's construction industry. For further information, or if you have any questions or comments regarding this article, please contact ICBA. |
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