COVID-19 Protocols for Construction Sites

Updated:
September 29, 2020

The Canadian Construction Association released the COVID-19 Standardized Protocols for All Canadian Construction Sites, which includes best practices for construction organizations to use to protect their workers and others from COVID-19 while continuing safe operations.

Prevention

  • Signage with relevant COVID-19 updates is clearly posted.
  • All workers exercise practices to reduce the spread of COVID-19.
  • Non-essential travel is not authorized.
  • Workers capable of working remotely must do so.
  • Detailed tracking of workers’ status on-and off-site is kept.
  • Additional cleaning measures are enforced in all common areas.
  • Access to commonly shared devices is limited.
  • Workers are isolated to their teams or zones as much as is possible.
  • In-person meetings are limited in quantity and attendees.

Detection

  • Workers must not show symptoms such as fever, tiredness or coughing.
  • Workers must not have been outside Canada in the last 14 days.
  • Workers must not have had contact with anyone infected with COVID-19.

Rapid Response

Potentially exposed individuals must abide by the following:

  • Self-isolate and not come to work.
  • Contact their supervisor or HR department.
  • Contact local health authorities for further direction.

Contact Scrivens for more information about COVID-19 and construction safety, and read the full document at scrivens.ca/CCA.

FAQs

What is financial advising?

Financial advising involves providing guidance and advice to individuals, families, or businesses to help them make informed decisions about their financial matters. This can include various aspects such as investment planning, retirement planning, tax planning, estate planning, and more. Financial advisors analyze their clients' financial situations, goals, and risk tolerance to create customized strategies that align with their objectives.

Why is financial planning important?

Financial planning is crucial for several reasons:

Goal Achievement: It helps individuals set and achieve financial goals, whether they are short-term, such as buying a home, or long-term, like funding a comfortable retirement.

Risk Management: Financial planning addresses risks by considering insurance, emergency funds, and other protective measures.

Budgeting and Saving: It promotes responsible money management through budgeting and saving, fostering financial stability.

Wealth Building: Effective financial planning can lead to wealth accumulation and the creation of a secure financial future.

Can financial advisors help with debt?

Yes, financial advisors can help with debt management. They can assess your overall financial situation, create a budget, and develop strategies to pay down debt efficiently. They may also negotiate with creditors on your behalf, provide debt consolidation recommendations, and offer guidance on prioritizing and managing debt repayment.

What exactly does a financial advisor do?

The specific responsibilities of a financial advisor can vary, but generally, they:

  1. Conduct a thorough analysis of a client's financial situation, including income, expenses, assets, and liabilities.
  2. Develop personalized financial plans based on the client's goals, risk tolerance, and time horizon.
  3. Provide investment advice and portfolio management services.
  4. Offer guidance on retirement planning, estate planning, tax planning, and insurance.
  5. Monitor and adjust financial plans as needed based on changes in the client's life or market conditions.
  6. Educate clients on financial matters and empower them to make informed decisions.
What is the average fee for a financial advisor?

The fees charged by financial advisors can vary widely based on factors such as the advisor's experience, the services provided, and the region.

Common fee structures include:

Hourly Fees: Advisors charge an hourly rate for their services.
Flat or Fixed Fees: A set fee is charged for specific services or a comprehensive financial plan.
Asset-based Fees: Fees are a percentage of the assets under management (AUM).
Commission-based Fees: Advisors earn commissions on financial products they sell.
Combination of Fees: Advisors may use a combination of the above fee structures.
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It's important to discuss and clarify fee arrangements with a potential financial advisor before engaging in their services.