Update on Prompt Payment
The joint Government-Industry Working Group on Prompt Payment has published an engagement strategy as well as prepared an interim status report and an action plan that describes the various activities and subject areas the working group is addressing. Read more
Weak Productivity Crippling Global Construction Industry Growth
Not only has the U.S. construction industry failed to keep pace with the U.S. compounded annual business productivity growth rate of 1.76%, but it has lost ground since 1995 with a yearly productivity decline of 1.04%, according to a recent McKinsey Global Institute report. Read more
Atlantic Premiers Commit to Additional Regional Regulatory Efficiency Initiatives
Eliminating unnecessary, costly differences between the regulatory systems of the four Atlantic provinces is viewed and has been embraced as a significant economic opportunity for both the province and our region. Read more.