ICBA Coffee & Construction

ritish Columbia just hit a record pile of unsold condos. The government's big idea? Buy them — with your money. Welcome to the condo bailout.

Episode 3 of ICBA Coffee & Construction: the news that matters to the people who build British Columbia and Alberta. The condo buyback, a premier racing home from China for a federal deal, and the construction-jobs number nobody wants to see.

I'm Jordan Bateman, VP of Communications & Advocacy at ICBA. New episodes Mondays, Wednesdays, and Fridays.

**Chapters**
00:00 — Cold open
00:25 — The condo bailout
03:30 — Eby cuts his China trip short for a deal with Ottawa
06:00 — The construction-jobs number nobody wants to see
07:45 — Kicker: oil drops, a break on your costs

**Stories & sources**
• The condo buyback — critics, numbers, and the market context — https://dailyhive.com/vancouver/canada-bc-partnership-condo-conversion-metro-vancouver-supply-criticism
• Eby cuts China trip short for a B.C.–Ottawa major-projects MOU — https://www.ctvnews.ca/vancouver/article/bc-close-to-mou-with-ottawa-that-may-include-massey-tunnel-replacement-funding/
• Ottawa nearing a major-projects deal with B.C. — https://www.theglobeandmail.com/politics/article-ottawa-nearing-major-projects-deal-with-bc-as-alberta-closes-in-on/
• ICBA Economics — Construction Cools as Job Vacancies Crater — https://icba.ca/economics-blog/icba-econobot-construction-cools-as-job-vacancies-crater

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#ICBA #construction #BCpoli #housing #affordability #resourceeconomy

What is ICBA Coffee & Construction?

The news that matters to the people who build British Columbia and Alberta.

ICBA Coffee & Construction is a fast, no-spin briefing for construction and resource business owners — the projects, the politics, and the policy decisions that hit your job site and your bottom line. Hosted by Jordan Bateman of ICBA, Canada's largest construction association, from a free-enterprise point of view.

Inflation, pipelines, megaproject overruns, housing, labour, red tape — we cut through the headlines and tell you what it actually means for your business. Sharp, useful, and under ten minutes.

New episodes every Monday, Wednesday, and Friday. Subscribe, and send it to one person who builds for a living.
Learn more at icba.ca. For the economics behind the headlines, subscribe to ICBA's twice-weekly EconoBot briefing at icba.ca/economics.