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Near-term rebound and peak retirements create labour force challenges for construction
March 18, 2022 09:08 ET | Buildforce Canada
OTTAWA, March 18, 2022 (GLOBE NEWSWIRE) -- Canada’s construction and maintenance industry rebounded strongly in 2021 and is expected to continue growing through 2027 on the strength of strong...
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Short-term demand peaks may lead to shortages of experienced workers in British Columbia, but demand will moderate through 2027
March 17, 2022 12:00 ET | Buildforce Canada
OTTAWA, March 17, 2022 (GLOBE NEWSWIRE) -- British Columbia’s construction market returned to positive growth conditions in 2021, following a brief pause induced by the COVID-19 pandemic. Looking...
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Alberta’s construction recovery will be modest through 2027, with employment sustained by demographics
March 17, 2022 11:00 ET | Buildforce Canada
OTTAWA, March 17, 2022 (GLOBE NEWSWIRE) -- Alberta’s construction market showed signs of a long-awaited recovery in 2021, thanks to a strong rise in residential-sector investment and increased...
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Growth poised to resume in Saskatchewan, with demographics likely to close most resulting employment gaps
March 16, 2022 11:00 ET | Buildforce Canada
OTTAWA, March 16, 2022 (GLOBE NEWSWIRE) -- After reaching a floor in 2020, Saskatchewan’s construction market enjoyed growth in 2021 and appears poised to see another sustained expansion period. ...
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As employment moderates, Manitoba can draw on youth to fill retirement gaps
March 16, 2022 10:00 ET | Buildforce Canada
OTTAWA, March 16, 2022 (GLOBE NEWSWIRE) -- Manitoba’s construction market is set to continue its recovery through 2022, as new provincial infrastructure spending offsets the winding down of activity...
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Ontario’s construction market sees sustained demand through 2026, with potential recruiting challenges in all regions
March 15, 2022 09:00 ET | Buildforce Canada
OTTAWA, March 15, 2022 (GLOBE NEWSWIRE) -- Labour market challenges could be an ongoing preoccupation across Ontario as unemployment rates return to pre-pandemic lows, and construction demand in the...
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Pandemic-induced retirements create near-term labour challenges in New Brunswick
March 14, 2022 08:00 ET | Buildforce Canada
OTTAWA, March 14, 2022 (GLOBE NEWSWIRE) -- New Brunswick’s construction market strengthened in 2021, and should reach a peak in 2022, before receding modestly through 2027. The new labour market...
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Short-term growth intensifies Nova Scotia’s labour challenges, but pressures ease after 2024
March 14, 2022 08:00 ET | Buildforce Canada
OTTAWA, March 14, 2022 (GLOBE NEWSWIRE) -- Nova Scotia’s construction market is in the midst of a period of sustained growth propelled by major public-sector investments and rising demands for new...
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Near-term employment gains in PEI will be offset by slowdowns through 2027
March 14, 2022 08:00 ET | Buildforce Canada
OTTAWA, March 14, 2022 (GLOBE NEWSWIRE) -- Construction employment in Prince Edward Island enjoyed a recovery in 2021 and should continue to growth through 2022 on the strength of increased...
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Newfoundland and Labrador to see modest employment recovery to 2023 before contracting through 2027
March 14, 2022 07:30 ET | Buildforce Canada
OTTAWA, March 14, 2022 (GLOBE NEWSWIRE) -- The new labour market forecast prepared by BuildForce Canada suggests that Newfoundland and Labrador’s construction and maintenance industry will reach an...