High Construction Costs Cancel Projects across Nunavut

Rising construction costs have cancelled or delayed critical infrastructure projects across Nunavut, Nunatsiaq News reports.

This isn’t the first time in recent years the Nunavut government has cancelled projects due to rising costs. Canada’s rising inflation rate, high fuel prices and supply chain delays have all affected construction in the territory during the COVID-19 pandemic.

The government’s mandate, which was tabled in March and sets out priorities for the next four years, pledges to build 1,000 new housing units across the territory.

More than 3,000 new units are needed to accommodate housing demand in Nunavut, according to a 2020 report by the Nunavut Housing Corp.