The construction industry is short tens of thousands of workers, and experts say a coming wave of retirements could make the problem worse even as Canada is millions of homes behind what's needed to reach housing affordability this decade.
The construction industry is short tens of thousands of workers, and experts say a coming wave of retirements could make the problem worse even as Canada is millions of homes behind what's needed to reach"That labour shortage is going to remain, and it's only going to increase," said Reva Bond, dean of the construction school at the Southern Alberta Institute of Technology.
There are several factors that CMHC credits for this gap, and labour shortages are one, alongside higher interest rates, rising building costs and zoning problems. The labour shortage is significantly affecting productivity in the industry, as well as creating safety concerns, said Tal. Efforts to recruit more women and under-represented groups into the trades have made headway, but Bond said there's been too much focus on recruitment and not enough on retention. Companies need a push to develop more inclusive practices, she said, to ensure that recruits from different backgrounds actually stay in the field.
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