40,000 workers to replace them. In Alber-
ta, construction will lose more jobs, but at
a slower rate over the coming year as large
projects wind down. A sustained recov-
ery across all sectors isn’t expected until
about 2024. At the same time, Alberta will
need to attract 36,000 workers to counter
the retirement of 18 percent of its skilled
workforce. In Manitoba, new hydro, high-
way, bridge and mining projects drive con-
struction employment to a new record high
this year. To keep pace with major projects
and retirements, Manitoba will need to
hire over 9,000 new workers this decade.
In Saskatchewan, residential building de-
clines while non-residential construction,
including pipeline, power and resource de-
velopment projects, sustain employment
at high levels into 2019. Up to 17 percent
of that province’s workforce is retiring this
decade, and that means over 9,000 work-
ers are needed to take their place.
FEBRUARY 2017
H
business elite canada 11
