CBA Capital Update | 7/24/26
Canada Tariffs put pressure on Concrete, Cement Prices – Another tariff announcement from Washington may force general contractors to revise their contract terms. President Donald Trump announced plans to impose a 50% tariff on many Canadian imports beginning Aug. 19. The proposed duties will apply to all covered goods, regardless of whether they … read more
Capitol Update 7/18/25
AI ushers in “golden age” of infrastructure investment Infrastructure investing is entering a “golden age” and will require trillions of dollars, BlackRock CEO Larry Fink said in a CNBC interview. “We believe that there’s a need for trillions of dollars investing in infrastructure related to … read more
Capitol Update 7/18/25
AI ushers in “golden age” of infrastructure investment Infrastructure investing is entering a “golden age” and will require trillions of dollars, BlackRock CEO Larry Fink said in a CNBC interview. “We believe that there’s a need for trillions of dollars investing in infrastructure related to … read more
Capitol Update 6/20/25
As Expected, Fed Holds Rates Steady, Waiting For More Data The AP reports the Federal Reserve “kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other potential disruptions will affect the economy this year. The Fed’s policymakers signaled they still … read more
Capitol Update 5/23/25
House narrowly passes tax and spending bill The House has passed the One Big Beautiful Bill Act, a tax and spending package, by a 215-214 vote. The bill extends tax deductions for construction contractors, including making the 199A deduction permanent and increasing it to 23%, … read more