Albert Salvatore will remain chairman of the board for the Toronto Construction Association (TCA) for another year.
The announcement was made at the 151st annual meeting and Best of the Best Awards presentation held recently at Woodbine Racetrack in Etobicoke, Ont.
“I am excited about my upcoming year as chairman and very grateful to have such an extraordinary board for support,” said Salvatore. “I am also looking forward to working once again with John and the excellent TCA staff in the coming year.”
In addition to advocating on behalf of members, Salvatore said in 2019 the association will help its members confront challenges and support their transition to the new Ontario Construction Act.
“TCA is committed to prepare our members for the new prompt payment and mandatory adjudication regimes before they come into force,” reads the chairman’s message.
John Mollenhauer, president of the TCA, said he is looking forward to the year ahead.
“As we begin 2019, it’s a little slower out of the gate. The pipeline has slowed down just a little bit. You heard Chris (Gauer, president of project delivery with Infrastructure Ontario) talk about that and it’s just a result of the change of government. That’s no surprise but we are expecting that volume to pick back up and have another extraordinary year.”
While many economists are predicting a downturn in the economy in the next few years, Mollenhauer is optimistic the Toronto market will withstand it.
“I think we will see a pretty steady flow of work before that economic downturn occurs in say mid 2020 or soon thereafter,” said Mollenhauer. “Even when it occurs, I think there is enough in the pipeline now for Toronto and southwestern Ontario that we will see a sustainable, strong construction industry even if there is a relatively severe economic downturn.
“We are bullish about 2019,” Mollenhauer noted.
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