December 18, 2018

2019 Canadian Construction Industry Outlook

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The outlook for the construction Industry in 2019 remains positive, if somewhat passive.

Six straight quarters of higher spending in the non-residential segment and progress on several major projects have raised confidence this fall and created a sense of cautious optimism for industry insiders who are predicting what 2019 will be like. 2018 was a year known for it’s mixed results for the industry.

While the prediction from most watchers is generally good, long nagging issues such as the following are posing real challenges for builders in 2019:

– Labor shortages

– Technology Integration

– Concerns about Canada’s business climate

The construction industry is no exception here regarding labor shortages. Without qualified workers, contractors just cannot get projects done. The looming retirement of 250,000 aging builders over the next 10 years, or about 21 percent of the workforce, according to a BuildForce Canada study released earlier this year, has forced many in the construction industry to take a hard look at employee recruitment. Click here to view the entire report.

Paul De jong, president of the Progressive Contractors Association of Canada sees the tight labor market as a serious problem.

“As we move forward, we are going to have a serious problem with maintaining that growth when we don’t have enough workers to do the work. You can see that particularly in the areas like the city of Toronto where many projects are delayed because there’s simply not enough workers.”

President of the Progressive Contractors Association of Canada | Paul Dejong

The industry’s struggle to attract new recruits isn’t about pay. It’s the approach taken by some in the education sector that seem to devalue opportunities in construction.

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