RE:RE:Building materials experiencing large price increasesHopefully CVX has clauses in their contracts for material cost increases. For instance lumber has more than doubled in the last year and by the time you get to retailed finished products its tripled.
I can't find current figures on cement but it it's similar to lumber profit margin on any job could be 0. Also decent labour is very tight all through N.America. Contractors are going full throttle on rennovations and new construction. Also I hope CVX ( Canada and US) have been able to retain enough core jobsite employees to complete the contracts when they get started.