Cost of Living

Build, baby, build

12 snips
May 3, 2025
Canadian leaders are in a heated debate about mega infrastructure projects like pipelines and highways. There's a struggle to prioritize amidst a skilled labor shortage and rising costs. Small-town businesses face significant challenges as aging owners look for buyers. Local tourism is experiencing a renaissance, with families exploring nearby attractions. Additionally, the importance of community hubs like bookstores is highlighted, showcasing their role in fostering connections and supporting local culture. The podcast navigates complex economic dynamics and community impacts.
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ANECDOTE

Welder's Experience Reflects Construction Realities

  • Grant Froehling is a welder and independent contractor who can charge high rates when work is busy.
  • Sometimes he waits hours on site doing nothing but still gets paid, showing how construction time equals money.
INSIGHT

Construction Labor Shortage Limits Building

  • Canada faces a huge demand for construction workers with 47,000 jobs empty today.
  • Building all planned megaprojects will increase labor competition and raise costs significantly.
INSIGHT

Shift in Infrastructure Focus and Priorities

  • Political and economic priorities favor east-west connectivity and resource-based projects.
  • Climate-focused infrastructure projects are currently losing attention despite earlier ambitions.
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