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Sept Slides - How To Mitigate The Common Risks In Canada’s Construction Market_

The Canadian construction industry is rapidly growing due to economic expansion and decreasing interest rates.<br>However, there are significant risks associated with a booming market as well. <br>Letu2019s discuss these risks involved in Canadau2019s construction industry, so you can avoid them.<br>

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Sept Slides - How To Mitigate The Common Risks In Canada’s Construction Market_

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  1. How To Mitigate The Common Risks In Western Canada’s Construction Market?

  2. Introduction • The Canadian construction industry is rapidly growing due to economic expansion and decreasing interest rates. • However, there are significant risks associated with a booming market as well. • Let’s discuss these risks involved in Canada’s construction industry, so you can avoid them.

  3. Workforce Shortage • The workforce shortage is inevitable due to continuous growth. • Finding professional construction managers, safety officers, and laborers is getting difficult. • Hiring the services of a professional and well-experienced construction company can resolve this issue.

  4. Project Delays • Shortage of materials, increasing cost, and project delays are common issues. • Proper planning and construction analysis are essential to avoid unnecessary project delays.

  5. Quality Issues • The lack of a skilled workforce hampers the quality of construction procedures. • Comprehensive training is required to train new individuals in the construction industry. • A professional construction contractor can plan an entire construction project and ensure maximum quality.

  6. Conclusion • Every owner wants to maximize the value of the construction project, but facing these issues is common. • The good thing is that professional construction contractors are fully capable of avoiding these pitfalls and completing a project smoothly.

  7. ABOUT US BelVan Construction is Edmonton’s leading commercial contractor. We offer our clients various expert general contracting, project design-build, pre-construction consulting, and construction management services.

  8. SERVICES BelVan Construction utilizes its labor force to conduct many construction activities when it benefits the project. We are specialized in services like: • Conceptual Design & Project Budgeting • Architectural and Interior Design (utilizing 3rd party professionals) • Engineering (utilizing 3rd party professionals) • Permit Applications • Project Financing Recommendations

  9. PROJECTS BelVan Construction has considerable diversity across a variety of commercial project types, including; Restaurants, Offices, Retail, Recreational and Public Spaces.

  10. 587-524-5199 info@belvangroup.com www.belvanconstruction.com Thank You!

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