VANCOUVER – An Independent Contractors and Businesses Association (ICBA) survey of its member companies has found the majority of firms see supply chain issues as a prime concern.
The survey showed 76 per cent of businesses are taking more time to source construction materials for projects, an ICBA release said.
“Supply chain disruption is a significant industry issue that is impacting construction and other markets across B.C., Canada and indeed globally. Contractors in virtually every trade and in every corner of the province are experiencing delays and challenges in getting the supplies they need to complete projects and meet deadlines,” ICBA president Chris Gardner said in a statement.
“Manufacturers worldwide are struggling with labour shortages and logistics breakdowns – in the short term, there is no relief in sight. The result in B.C. is rising costs for construction and project delays.”
A breakdown by region of firms reporting supply chain delays broke down to:
- 74 per cent in the Lower Mainland and Fraser Valley
- 88 per cent on Vancouver Island
- 88 per cent in the Interior and Okanagan
- 68 per cent in northern B.C.
“Contractors are experiencing delays and challenges on a scale not seen in decades as they try to get the supplies they need to complete the work they have on the books. In an era where housing and construction costs continue to rise seemingly unchecked, supply chain constraints are another key factor putting pressure on affordability in the B.C. market.,” Gardner said.