Current construction costs mean territory can’t make good on housing goalsA number of infrastructure and housing projects in Nunavut have been cancelled or put on hold, and government ministers say rising construction costs are to blame. The reason why, in each case, was that contractors had asked for more money than the territory had planned. Kusugak also said it would not be possible for the territory to make good on its promise to build 1,000 housing units in three years at the current construction cost of more than $5 million per five-plex. Last year, 36 public housing units in the territory were not built because of high construction costs — attributed to the COVID-19 pandemic. He was not able to say when construction on a new power plant might begin.

Source: CBC News May 30, 2022 13:57 UTC