BuildForce Canada, a national industry-led organization focused on construction, forecasts a steady decline in construction jobs until 2019. It notes, however, that in an Alberta industry where 14.1% of its workers are aged 55 or older, their retirement will mean a need for more workers.
Other positives to consider include the Alberta government's five-year, $34.8 billion plan for public infrastructure, including cost-sharing agreements with the federal government of almost $350 million under the Public Transit Infrastructure Fund.
The provincial government has also created the 2016 Petrochemicals Diversification Program, which is expected to eventually generate up to 3,000 construction jobs. As well, the non-profit research group Conference Board of Canada predicts that 0.4% of Alberta's 2.5% rise in GDP in 2017 will come from rebuilding Fort McMurray after wildfires destroyed 2,400 dwellings in 2016. Pipeline approval would also generate more jobs.