Deloitte has recent research that highlights that construction has fallen by 7% over the last decade, and capital stock per worker in Canada is also in decline. It also suggests, in this report, that productivity gains will require greater use of technology, regulatory streamlining and scaling up firms to drive investment and innovation like robotics and modular building. Given how well understood all these challenges are, and the fact that a 10% gain in productivity could reduce labour needs by 50,000 workers by 2030, what are the key factors that continue to hold back meaningful progress on this front? You'll have to be super succinct in 20 seconds.
