FOR IMMEDIATE RELEASE – February 3, 2025 Statement from the Calgary Construction Association on the Potential Threat of U.S. Tariffs
FOR IMMEDIATE RELEASE – February 3, 2025
Statement from the Calgary Construction Association on the Potential Threat of U.S. Tariffs
The Calgary Construction Association (CCA) recognizes the anxiety and uncertainty that potential U.S. tariffs create for businesses and workers in our industry.
With this level of uncertainty, it is critical to take a big-picture approach—otherwise, we risk serious consequences which include:
- Contractors disengaging from projects or choosing not to bid on essential infrastructure like schools and public facilities;
- Owners delaying or postponing projects, causing economic momentum to stall. Even if projects return post-tariffs, costs could still escalate, making them more expensive and difficult to complete.
To all public and private entities with projects currently out for tender, we strongly encourage the following:
- Provide tariff exemptions for bidders to secure the best possible pricing now. Tariffs, if implemented, can be addressed in due course, but industry will not absorb that risk upfront.
- Engage directly with industry to gather real-time data from suppliers and contractors. Understanding market conditions firsthand will inform sound decision-making and project planning.
As the situation develops, the CCA remains committed to acting as a conduit for accurate and reliable information. We will continue to monitor developments, engage with policymakers, and provide our members with timely updates.
For questions or further discussion, we encourage industry stakeholders to connect with us. Together, we can navigate this uncertainty and maintain stability in Calgary’s construction sector.