LATEST NEWS 
November 28, 2007
Vancouver signs deal with developers for Olympic job opportunities
The city of Vancouver announced an agreement that will bring economic benefits to the communities near the Olympic Village. The Southeast False Creek Olympic Village Community Benefit Agreement, was signed by the city, Millennium Southeast False Creek Properties Ltd. and Building Opportunities with Business (BOB) Inner-city Society. It aims to achieve economic revitalization without displacement. The agreement will provide 100 inner-city jobs, which will be hired by the project contractors MetroCan Construction Ltd., ITC Construction Inc. and their sub-trades to work on the Olympic Village construction. Inner-city businesses registered with BOB are eligible to bid for contracts to procure $15 million for goods and services. Millennium, the developer of the project, will cover the cost of pre-employment and construction skills development training with a $750,000 legacy fund.
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Reed Construction Data Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
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