News

State of the Industry: Summer 2022

It’s turning out to be another very unpredictable year. While inflation is skyrocketing with rates many have never seen before, Alberta is reaping the benefits of shocking energy prices with an estimated $3.9B budgetary surplus – far exceeding what was forecasted. Our province is set to lead the country in economic growth: 5.5% forecasted for 2022. The price of oil is once again catapulting this economic windfall. However, this ‘boom’ is different from the past. Oil companies, having been so battered by collapsing oil prices, are choosing to direct profits towards paying down debt rather than investing in capital.

Executive Director Report: Spring 2022

What times we live in! From the worst pandemic since the Spanish flu, to war in Europe, run away inflation, political upheaval and unprecedented supply chain issues. Yet, Alberta remains a rewarding place to do business! We have seen our share of boom and busts over the years, but well run companies find a way to survive and thrive. It is a testament to the women and men of Alberta who continue to adapt to whatever the current conditions are. The State of the Industry update and the AMBA President’s message in the April Newsletter outline the many challenges and opportunities ahead.

Building Success During the Pre-Construction Phase

Building Success During the Pre-Construction Phase

Having spent over 40 years working with building owners and contractors, it has always astounded me how many projects are awarded solely based on price, often at the expense of quality, safety, sustainability and reliability. Many components and critical factors influence a successful build, such as contractor, sub-trades, suppliers and materials. I am going to focus this article on value and some critical key steps that will bring more value to your project at the most important stage in the construction process: Pre-construction.