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“Opportunity has really been driven — in the last number of years — by migration to the province and population growth, and less so by robust economic activity,” says Boskovich, a 15-year development industry veteran.
Now, with the federal government closing the border with the United States in response to the pandemic, migration is limited, as well.
“We’re a very adaptable industry but we have certainly been challenged to evolve, innovate and adapt in this economic climate,” says Boskovich. “As an industry, we have had to make some hard choices in terms of the scale of our operations and the scale of our projects. We have been able to move forward with leaner, innovative projects.
“As (an example of) a leaner approach,” he adds, “I think in a lot of industries in Alberta, companies have had to expect more productivity from fewer employees in order to manage overhead and secure the employment of people they do have working.”
BILD Alberta, itself, has had to find additional efficiencies and rely more heavily on its volunteers in what Boskovich calls a “grassroots approach … which I think is appropriate in these times.”
BILD Alberta and its constituency organizations count on revenue from events, such as awards galas, which have gone online this year.
On the topics of jobs, Boskovich calls the residential industry a “huge generator of employment” in the province. He points to data collected through Will Dunning Inc. Economic Research showing that the residential construction industry was responsible for 118,555 jobs in the province last year.