CIF boss says 80 homes lost for every day of lockdown
Tom Parlon said builders supported the new measures, but were caught off guard by the lack of notice
The stoppage of construction due to Covid-19 restrictions is likely to reduce the delivery of new homes this year by 80 units for each day lost, according to the Construction Industry Federation (CIF).
Tom Parlon, director general of the CIF, told the Business Post that the organisation and its members supported the government’s decision to shut down construction, but that the impact on residential construction would be significant.
“We were expecting to do in...
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