Sunday, December 8, 2024
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Buildforce Predicts Construction Levels To Steady

On Thursday January 31, Buildforce released its latest construction industry look ahead for Canada. In drilling into the Alberta summary there are signs of stabilization.

“Construction employment rose in 2018 for the first time since 2015, bolstered by continued recovery in new homebuilding and gains in the construction of non- residential ICI (industrial, commercial, institutional) buildings. The 2019–2028 outlook scenario projects overall construction employment will remain stable over the near term.”

BuildForce Canada is a national industry-led organization that represents all sectors of Canada’s construction industry. Its mandate is to provide accurate and timely labour market data and analysis, as well as programs and initiatives to help manage workforce requirements and build the capacity and the capability of Canada’s construction and maintenance workforce. Visit: www.constructionforecasts.ca

You can read the forecast here.