May 2024 – WCP RENEW for Building Owners, Property Managers and Engineers.

Today in 5 minutes or less, you will learn:

• Beyond price and quality: three contractor red flags
• Inflation and its impact on your building projects
• How working with a building renewal specialist helps you
• Building Renewal News Around the Web

---

Beyond price and quality: three contractor red flags

When considering on a building renewal project, selecting the right contractor is paramount to the project’s success. However, the process is fraught with potential pitfalls if property managers and building groups aren’t vigilant. We outline critical red flags to watch out for when choosing a contractor.

Learn more here.

---

Inflation and its impact on the cost of your building projects

The surge in grocery prices has caught us all off guard, the construction industry in British Columbia is experiencing its own version of sticker shock. Since 2020, construction costs have been on a dramatic rise, driven by increases in the costs of building materials and wages. Some of these increases are absorbed by construction and building renewal firms other are passed on to the customer.

Learn more about construction cost increases and their impact on your projects here.

---

What the heck is Building Renewal?

Building Renewal contractors specialize in revitalizing both the interior and exterior surfaces of buildings. Utilizing principles of building science, they perform targeted restoration, envelope work, and ongoing maintenance for high and low-rise building exteriors. At interior spaces they employ modern design and building materials to remodel and enhance commercial and strata building interior common areas.

Learn more about building renewal contractors and how they can help on your next High or Low rise project by clicking here.

---

Renewal Around the Web

B.C. facing a shortage of strata property managers, industry reps say

British Columbia is facing a shortage of strata property managers, according to those who work in the sector.

Immigration policy changes needed to meet B.C.’s construction demand

It is estimated that there will be 4,500 unfilled jobs in the residential construction industry in B.C. in 2024, according to the Canadian Builders Association of BC (CHBA BC).

BC Home to 18 of Canada’s 100 Most Expensive Infrastructure Projects

Some of those BC infrastructure projects include the controversial Site C Dam, the Broadway Subway, and multiple hospital redevelopments.

---