BC's Construction sector comments on federal budget

    VANCOUVER, Jan. 27 /CNW/ - The Independent Contractors and Businesses
Association (ICBA) offers the following commentary on today's federal budget.
    ICBA (www.icba.ca) is pleased to see an emphasis on infrastructure
spending and getting the construction economy moving forward. "Every billion
dollars spent on construction creates 20,000 direct and indirect jobs, so not
only will British Columbia benefit from the federal government's commitment to
infrastructure building with improved road, water and sewer systems, but we'll
also see more job creation and positive economic spin-off," said Philip
Hochstein, President of the ICBA.
    "We are pleased that the government listened to ICBA and industry to move
forward on deferred maintenance and repair projects. These projects are
"shovel-ready", and will get smaller contractors working right away."
    ICBA is pleased to see the federal government stimulate home renovations
with a $1,350 tax credit. "This move is very prudent, because it allows people
the chance to improve their most valuable asset at a time when construction
prices are at their lowest."
    With the provincial budget expected next month, Hochstein adds that he
looks forward to seeing the Province make similarly astute investments.

For further information:

For further information: Philip Hochstein, President, ICBA, Tel: (604)

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Independent Contractors And Businesses Association of BC (ICBA)

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