TCA's 157th Annual General Meeting

- February 25, 20255:00 PM - 8:00 PM (local time)
Richmond Hill Country Club

TCA’s 157th AGM and Best of the Best Awards will be taking place on Tuesday, February 25, 2025 at Richmond Hill Country Club.

***Registration is Closed for this Event***

Keynote Speaker: Niall Finnegan, Partner, Finnegan Marshall

Niall was educated in Dublin, Ireland and qualified from Trinity College in 1981 after which he emigrated to Canada. He has practiced as a Construction Cost Consultant for the past 43 years. In 1986, he became a partner at Helyar which grew to be the largest construction cost consulting company in Canada before taking the company public in 2005 where he remained as president until 2011.

Thereafter, Niall co-founded Finnegan Marshall Inc., whose focus is on providing proactive construction cost and development advisory services to the private sector real estate development industry. Finnegan Marshall have 180 plus projects under construction at any one time and are also working on a large number of projects in the pre-construction stage. Finnegan Marshall typically work on projects with their real estate developer clients from land acquisition through planning approvals, pre-sales or leasing, and design development with the object of producing the most cost-efficient design for maximum return. They are very actively engaged in tendering and negotiating construction contracts for their clients. They also act for lenders on their construction loan portfolio approving ongoing monthly advances until completion.

Please note: this event is exclusive to TCA members only!

Richmond Hill Country Club
8905 Bathurst Street
Richmond Hill, ON L4C 0H4

Category:
TCA Event

Organizer:
Anna Mehrabian
(416) 499-4000 Ext: 4113
amehrabian@tcaconnect.com

Registration

Registration deadline: February 24, 2025.

Trump Executive Order Launches Trade War

Important Update: President Trump Pauses Tariff’s on Canada for at Least 30 Days

Dear TCA members,

As you know, U.S. President Donald Trump signed an executive order to impose a 25% tariff on Canadian goods over the weekend that will take effect tomorrow morning and have enormous economic consequences. Prime Minister Trudeau has predictably released a list of goods subject to a retaliatory tariff and so begins the trade war. The impacts of the U.S trade tax and the Trudeau retaliatory countermeasures will be considerable and will absolutely affect the Canadian construction industry.

This trade war is not going away any time soon. Trump is prone to drama as we know and his threats relating to NAFTA during his last term as President were bad but not devastating by the time the new trade agreement was signed. Since then, the U.S. trade deficit with Canada has grown from $31 billion to closer to $100 billion. That’s the real reason for the trade war. The cross-border fentanyl distribution argument was a means to an end and was presumably used to justify the emergency measures legislation. Our best guess is that this new trade war will have severe and enduring impacts on TCA members.

In the coming months, news channels will be filled with stories about trade wars and their impacts but likely not satisfy your need to understand how your day-to-day businesses will be affected. Our focus at TCA will be on sharing industry-specific impacts including strategic best practices which we commit to share with TCA members as new information becomes available.

In the interest of ensuring that we are sharing meaningful and helpful information, TCA is already negotiating with an international trade strategy consultant in the hope that a strategic partnership with trade impact experts will add genuine and unique value for TCA members. I also serve on the Board of the Canadian Construction Association with whom I have been communicating 24-7 since the executive order was signed on Saturday. Rest assured that CCA is in constant contact with the federal government to analyze the Trudeau countermeasures and influence the go-forward strategy of trade negotiators. That too will be shared as it happens.

In the interim, please don’t hesitate to share your views and/or ask for assistance. We exist to serve the needs of our members and the road ahead will indeed be challenging.

Respectfully,
John Mollenhauer
President and CEO

Thank you for visiting tcaconnect.com.

Please note we have made some changes to our website and the creation of a new user account will be required to make online purchases and to use our job posting board. If you encounter any difficulties in creating your NEW account, please send us a message on live chat below during regular business hours and one of our staff will be happy to assist. Alternatively you can email us at teammembership@tcaconnect.com.