Construction Labour Supply Still Top Issue in Around Town

April 21, 2022

Your Weekly Construction Briefing

According to the BC Construction Association (BCCA) annual Industry Survey results released last week, the industry is experiencing a 79% increase in the value of current projects from five years ago, and a 17% increase from pre-pandemic levels, even as labour shortages continue.

The BC Construction Association’s annual Industry Survey is now available and labour supply remains a top issue.

Survey Highlights include: 

•  Industry employees are 8% of the BC workforce (est 215,000)

•   # of BC construction companies: 26,262 (5-year trend: Up 11%)

•  Est. value of current major projects: $134 billion (5-year trend: Up 79%)

•   Labour shortages by 2027: 5,653

The survey also indicates that average company size continues to decrease, while wages are increasing . Workers are also getting more skilled with 76% of survey respondents reporting they are fully credentialed and 12% working on their ticket. 

While COVID-19 is no longer a top issue of concern there are a number of issue that are seen as sources of stress in the industry, including lack of prompt payment, workforce shortages, and eroding public sector procurement standards. 

More information regarding the value of the construction industry to BC’s economy, including a special Wages & Salaries edition, visit  https://bccassn.com

BC Construction Association, Greg Descantes, gdescantes@pacegroup.com.

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