{"id":390956,"date":"2020-12-01T12:07:49","date_gmt":"2020-12-01T17:07:49","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390956"},"modified":"2020-12-01T12:07:49","modified_gmt":"2020-12-01T17:07:49","slug":"rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities\/","title":{"rendered":"RCCAO calls on federal government to take immediate action to help municipalities"},"content":{"rendered":"
\n

Vaughan, Ontario, Dec. 01, 2020 (GLOBE NEWSWIRE) — The Residential and Civil Construction Alliance of Ontario (RCCAO)<\/a> is pleased that the federal government has committed up to $100 billion over the next three years to help Canada\u2019s economic recovery. However, immediate action is needed to ensure municipalities get help with their funding issues.<\/p>\n

\u201cWhile the Fall Economic Statement indicates there will be some relief down the line, that help might come too late,\u201d said RCCAO board chair Peter Smith. \u201cCities are in dire straits and, as a result of increased costs due to COVID-19, are being forced to raid their capital funds to balance their budgets.<\/p>\n

\u201cIt is imperative that the federal and provincial governments continue to work together to create financial certainty for municipalities sooner rather than later, otherwise over 40,000 workers will be out of work and looking for answers on why they are unemployed.\u201d<\/p>\n

A report done for RCCAO by Prism Economics and Analysis shows a massive number of construction industry jobs are in jeopardy in 2021. The report, Averting a Crisis: The Need to Protect Ontario\u2019s Infrastructure Investments<\/i><\/a>, shows that 41,000 construction-related jobs will be lost if deferrals and cancellations continue based on an unprecedented 35-per-cent decline in government and institutional building permits.<\/p>\n

Municipalities are holding back on projects because they must have balanced budgets. Ontario contractors report they are already seeing hundreds of construction workers being laid off. Civil and engineering contractors, meanwhile, are reporting that bidding opportunities are down this year.<\/p>\n

\u201cThe best way to create a job is not to lose a job. We can not wait until next spring for a relief package,\u201d added Smith. \u201cWe need action now as we are already seeing substantial job losses in the industry. This will have a disastrous effect as the construction industry is a driver of the economy and also supports thousands of jobs in the supply chain.\u201d<\/p>\n

RCCAO appreciates the green-focused initiatives and measures aimed at fighting climate change and reducing inequality, as well as a commitment to outlining next steps on public transit. However, the initiatives will not immediately stimulate the economy or provide certainty to municipalities.<\/p>\n

\n
\n Background on RCCAO: <\/i>
\n <\/b>
\n The Residential and Civil Construction Alliance of Ontario (RCCAO) is a labour-management construction alliance. For 15 years, RCCAO has been a leading industry advocate for infrastructure investment. It has commissioned 58 independent, solutions-based research reports to help inform decision makers.<\/i>\n <\/p>\n


\n
\n \n <\/div>\n

\n
Grant Cameron\r\nRCCAO\r\n905-638-1706\r\nmedia@rccao.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Vaughan, Ontario, Dec. 01, 2020 (GLOBE NEWSWIRE) — The Residential and Civil Construction Alliance of Ontario (RCCAO) is pleased that the federal government has committed up to $100 billion over the next three years to help Canada\u2019s economic recovery. However, immediate action is needed to ensure municipalities get help with their funding issues. \u201cWhile the Fall Economic Statement indicates there will be some relief down the line, that help might come too late,\u201d said RCCAO board chair Peter Smith. \u201cCities are in dire straits and, as a result of increased costs due to COVID-19, are being forced to raid their capital funds to balance their budgets. \u201cIt is imperative that the federal and provincial governments continue to work together to … <\/p>\n
Continue reading “RCCAO calls on federal government to take immediate action to help municipalities”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390956","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRCCAO calls on federal government to take immediate action to help municipalities - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RCCAO calls on federal government to take immediate action to help municipalities - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Vaughan, Ontario, Dec. 01, 2020 (GLOBE NEWSWIRE) — The Residential and Civil Construction Alliance of Ontario (RCCAO) is pleased that the federal government has committed up to $100 billion over the next three years to help Canada\u2019s economic recovery. However, immediate action is needed to ensure municipalities get help with their funding issues. \u201cWhile the Fall Economic Statement indicates there will be some relief down the line, that help might come too late,\u201d said RCCAO board chair Peter Smith. \u201cCities are in dire straits and, as a result of increased costs due to COVID-19, are being forced to raid their capital funds to balance their budgets. \u201cIt is imperative that the federal and provincial governments continue to work together to … Continue reading "RCCAO calls on federal government to take immediate action to help municipalities"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-01T17:07:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NDg2MiMzODUxMTgzIzIxOTQzMTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"RCCAO calls on federal government to take immediate action to help municipalities\",\"datePublished\":\"2020-12-01T17:07:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities\\\/\"},\"wordCount\":404,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5NDg2MiMzODUxMTgzIzIxOTQzMTk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rccao-calls-on-federal-government-to-take-immediate-action-to-help-municipalities\\\/\",\"name\":\"RCCAO calls on federal government to take immediate action to help municipalities - 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