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Tuesday, September 8, 2020
Hi Members!
I hope you all had a wonderful labour day long weekend! The summer is coming to an end (so soon?!) and September signals the resumption of the association committees.

Upcoming committee meetings are:
  • Developer Council - September 9
  • Builder Council - September 10
  • Technical Standards - September 17
  • Board of Directors - September 24
  • Training & Education - October 1
  • Safety - October 6
Committee meetings are held in the BILD Boardroom (limited to 7) and via zoom.

Interested in joining a committee?  For more information on committees and their mandates CLICK HERE. Email bridget@bildlethbridge.ca for more information.

The success of our association and our industry is directly linked to the commitment and dedication of our members who serve on committees. Member participation is the backbone of the association's work, which helps BILD Lethbridge Region remain a vital and relevant voice of the industry. In return, the benefits to committee members are valuable and varied.

Thank you committee volunteers; I look forward to seeing you soon!

Bridget Mearns
Executive Officer

WEBINAR

September 16, 2020 9-10 am MST

"Home Buying Trends: What Canadians Want"

Join CHBA CEO Kevin Lee and Tim Bailey, Chief Strategy Officer of Avid Ratings, as they unveil the results from the 2020 Home Buyer Preference Survey, which surveyed 27,674 new homebuyers across 8 provinces. Learn about this year’s emerging home buying trends as your hosts take an in-depth look at this year’s data, and demonstrate how you can benefits from the survey’s incredible and easy-to-use online analysis tool to mine the data most relevant to your market, product type and target buyer.

About the survey: Each year CHBA, in partnership with Avid Ratings Canada, conducts the largest homebuyer preference survey in Canada. Data collected from responding homebuyers provides feedback on buyer profiles, home shopping behaviors, home preferences, community preferences and other important details for the industry. The data amassed over 6 years of the study allows for granular analysis of trend changes related to Canadian new homebuyers and their preferences.

This year the full survey results, including access to the Online Avid Reports Portal where you can filter the data based on a variety of geographic and demographic criteria, will be free for CHBA members - a $495 value.

 
Register Here
NOTE: This is a members only webinar and a CHBA sign in is needed. If you are a member and don't have one set up, contact bridget@bildlethbridge.ca 

Weekly Economic Review - September 4, 2020


Weekly newsletter containing economic commentary, analysis and statistics examining Alberta’s economy, labour market, price indices, household sector and business sector.


Labour Market Notes - In-depth analysis of Alberta's latest labour market data

Trudeau Says Canada Won't Cave To U.S. On Softwood Lumber –

Huffpost

Prime Minister Trudeau vowed to keep up the fight against the never-ending effort in the United States to slap countervailing duties on Canadian softwood-lumber exports. In an interview, Trudeau cheered the World Trade Organization for ruling [two weeks ago] in Canada’s favour... “We know that a big part of restarting our economies and building back better is going to involve construction, which is going to require forestry products. The Americans continue to think that having people pay higher prices than necessary for their lumber is a good thing for the economy. Of course, they’re wrong.” The WTO report, which emerged less than two months after the new U.S.-Mexico-Canada Agreement formally replaced the NAFTA trade deal, also came after a U.S. decision to restore 10 per cent national-security tariffs on exports of Canadian aluminum… Canada has announced plans to impose retaliatory tariffs on a laundry list of U.S. aluminum products and related exports that are scheduled to take effect Sept. 16.  READ MORE...

Commentary: The residential construction industry is currently facing critical shortages and price increases for lumber, which has led to project delays, cost increases, and an increase in house prices or costs of renovations. CHBA has communicated its concerns and proposed a series of actions to address these challenges in a recent letter to several members of Cabinet. And while CHBA recognizes the need for the Government of Canada to respond to detrimental trade actions by the U.S., CHBA recommends that the forthcoming aluminum countermeasures can be restricted to items with limited impact on housing costs and affordability. An additional cost on aluminum would compound already escalating input costs and create challenges for those with existing projects, and those looking to plan new projects and developments. To that end, CHBA is engaging with officials and has written formally to the Minister of Finance, identifying items that, if included, could have a serious impact on housing affordability and recovery.
 

Alberta economic recovery roundup

ATB Economics - The Owl

Looking at the most recent data available for Alberta, month-over-month growth has occurred across 12 key economic indicators. From building permits (up 33.3 per cent in July) to daily oil production (up 3.4 per cent in July), things are moving in the right direction.

But—does there always have to be a but?—we still have a long way to go before we have made up the ground we lost during the lockdown. This is clear when we consider that 11 out of the 12 indicators remain down compared to where they were 12 months ago. READ MORE...
 

$6.3 million announced to improve green construction practices in Alberta

Lethbridge News Now

The federal government is pumping funding into the province to allow for research into green and energy-efficient construction.

Minister of Economic Development Mélanie Joly announced grants to the non-profit organization Smart Sustainable Resilient Infrastructure Association (SSRIA).

It will establish a network of test buildings where small and medium-sized businesses can collaborate and test their products under different conditions.

Joly says supporting the development of green technologies is not only good for the environment but the economy as well.  READ MORE...

Related link:
Government of Alberta Media Release - Creating innovative jobs and building for the future

DYK that... last September BILD Lethbridge Region ran a $20K Home Renovation contest, launched at the 2019 Home & Garden Show, and changed a Lethbridge Family's life? The winner, Katie Taylor, received a kitchen renovation (and much more) due to the generosity of 25 BILD Lethbridge Region members who donated cash, time, labour, and materials towards the project. This was an awesome example of how a little added up to a lot when forces combined. Great memories!

Katie, a single mom of two boys, submitted her application in our contest in the hope of redoing her kitchen in a way that supported her son with cerebral palsy who loves to help in the kitchen.

Mission accomplished!


Media coverage of BILD Lethbridge Reno Project
COVID-19 Resource List
 
The BILD Lethbridge website has a dedicated page that contains links to the provincial, federal and municipal programs and updates for your easy reference. You can find it HERE .
 
Other helpful main links:
 
Alberta's Relaunch Strategy - information on the province's staged reopening
Tips for Operating Worksites During COVID-19 (BILD Alberta)
Canada's Economic Response Plan (Federal) 
Supports for Employers and Employees  (Provincial)
City of Lethbridge Update (Municipal)

Lethbridge Region Economic Recovery - (Regional - business support resources)
City of Lethbridge Permit Report (August)
Alberta Economy - Indicators at a Glance (September 4)
CMHC Housing Market Information Portal
CREA Housing Market Statistics National Price Map

QUESTIONS? CONCERNS? COMMENTS?
bridget@bildlethbridge.ca 
We are always here to assist you

BUILDING INDUSTRY & LAND DEVELOPMENT ASSOCIATION
14, 495 WT Hill Blvd South | Lethbridge AB |  T1J 1Y6
P: 403-328-2288  |
www.bildlethbridge.ca

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BILD Lethbridge · #14 - 495 W.T Hill Blvd. S · Lethbridge, AB T1J 1Y6 · Canada

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