b'TCA AGM 2024156 THTCA ANNUAL MEETING By Warren HeeleyMEETING THE CHALLENGE OF CHANGETHE TORONTO CONSTRUCTIONthe construction industry. He referred tonew technologies to assist members Association (TCA) held its 2024his annual barometer for constructiongrow their businesses and help with the annual meeting on February 27thsuccess, which was the number of towershortage of skilled workers.at the Richmond Hill Country Club.cranes in the GTA. He was pleased to In attendance were more than 175report that more than 240 cranes were inNew value-added programs and services members and guests who heard ause in 2023a number that representsthat can provide direct assistance to keynote address by the Honourable Dougalmost 59 per cent of the constructionmembers and their businesses are also Downey, Attorney General for Ontario,cranes in use in North America. a priority for TCA. A good example is the and reports on the accomplishmentsnew TCA Online program with partner and financial health of TCA. The Best ofHe went on to say that the predictions ofWebware.io, which helps members the Best Awards for TCA members whoslower growth did not materialize, evenimprove their image in the digital world. excelled in 2023 were also presented.with the mild economic downturn thatThis program will help keep members (See BOTB article on pg. 16.) played out in the last few months of theahead of the changes they are facing in year. He then pointed to the surging GTAthe marketplace.Chair Jeff Murva welcomed everyonecondo market, where 80,000 units are and outlined the agenda for the meeting.under construction and 32,000 are inBlair MacKenzie, managing partner He also confirmed that a quorum ofthe pre-construction phase, as evidenceat Hillborn LLP, went through the TCA members was present so the associationof the upward trend last year. He noted,financials for 2023. He noted that the could conduct the required business athowever, that the industry is still dealingaudit was a clean opinion in every the meeting. He also acknowledged thewith change and uncertainty about therespect, including a significant increase Indigenous groups on whose land future, including international concernsin association revenue from the previous the meeting was being held. He about the war in Ukraine and the conflictyear. He felt the current financial position then introduced John Mollenhauer, in the Middle East. puts the organization in an excellent president and CEO of TCA, to provide position. He thanked the management his report. During 2023, the TCA Board looked atand audit team for making the audit the challenges facing the industry andprocess efficient and effective.AGM REPORTS identified three major priorities for the Mollenhauer reported that despite theassociation going forward: continuingChairman Murva then took the attending impacts of inflation, higher interest rateswork to deal with the labour shortage,members through the approval of the and concerns of a recession, 2023increasing the number of women in thefinancial statements for 2023, the 2024 was actually an extraordinary year forconstruction industry and showcasingBoard of Directors and the auditors for 30Quarter 12024 BUILDERSDIGEST'