Montréal, June 12, 2024 – The Quebec government has just adopted the Act to modernize the construction industry, and the Centre for Productivity and Prosperity – Walter J. Somers Foundation (CPP) has now released a study concluding that these reforms will not be enough to improve the industry’s real productivity.
“The construction industry is at a turning point,” explains Robert Gagné, CPP Director and co-author of the study. “Its inability to generate real productivity gains in previous years has led to an untenable inflationary spiral, considering the infrastructure needs of the province. If we don’t manage to reverse this trend, the shock wave will affect more than the industry: the entire economy will suffer.”
