Sunday, May 26, 2024

ACA Comments on Alberta Budget 2021

Alberta Construction Association is pleased that Budget 2021 supports construction families across Alberta with additional investment of $1.3 billion next fiscal year. Capital spending will reach $20.7 billion over three years an increase of $1.6 billion from the 2020 three year spending plan. This type of investment protects families from more economic uncertainty.

ACA also applauds the government’s continued investment in training programs and educational opportunities which will enhance the lives of young people looking to enter the workforce seeking a good, well paid jobs.

Whether new schools for increased student enrolments, transit projects to reduce congestion and get goods to market, and hospitals to meet health care, the Provincial Government must continue to invest in infrastructure regardless of economic circumstances. The level of investment needs to keep pace with population growth and inflation.

Construction is one of Alberta’s largest employers, directly accounting for approximately 240,000 jobs or one in ten working Albertans, with thousands of additional jobs in related occupations. Jobs are a priority and keeping Albertans employed in good paying jobs is critical to the economic engine.

Alberta Construction Association speaks for over 3000 member firms across the Province, including general contractors, trade contractors, and suppliers to non-residential construction markets. Our membership features contractors of all sizes and labour affiliations. Nine associations with hundreds of contractors in their membership are associate members of ACA.