British Columbia’s construction industry is facing severe labor shortages despite rising wages, with the average annual wage nearing $75,000, reflecting a 21% increase over five years. The BC Construction Association highlights a persistent deficit of skilled workers, projected at 6,600 by 2033, down from a previously estimated 26,100. This shortage has led to reduced company sizes and significant payment delays, posing financial risks for contractors. The association is advocating for prompt-payment legislation to stabilize the industry, which significantly contributes to the province’s GDP.

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