b'These numbers are based on existing known demands and doEmployment in the non-residential sector is poised to grow almost not take into account the federal governments goal to double thecontinuously between 2023 and 2027, rising to a forecast peak of number of new homes built across Canada over the next 10 years,just over 600,000 workers, and by 2032, employment should be nor the anticipated increase in demand for construction servicesfour-per-cent higher than levels recorded in 2022, as a moderate related to the retrofit of existing residential, industrial, commercialcontraction of one per cent in engineering construction is more and institutional buildings to accommodate the electrification ofthan offset by gains in the ICI and maintenance sectors.the economy. The construction sector saw another strong year of growth Across the forecast period, activity in the residential sector will bein 2022, with overall employment growing further beyond driven by a combination of factors. Demand for new housing ispre-pandemic levels, says Clyde Scollan, Chair of BuildForce expected to contract in response to rising interest rates in the shortCanada. More than 1.5 million Canadians, or about one in every term and return to growth between 2024 and 2029. Meanwhile,13 working people, now work in the industry. The challenge activity in the renovation and maintenance sector increasesnow is how to manage demands, given an aging labour force. continuously. By 2032, overall residential employment is forecastEmployment has been growing faster than the labour force in to contract by a modest 5,300 workers (negative one per cent) byrecent years. These trends combined to bring the industrys 2032, with losses concentrated in the new-housing sector. national average unemployment rate to below five per cent in 2022, Construction in the non-residential sector will continue to benefitwith a record low of 2.4 per cent achieved in July.from stronger levels of public-sector investment in an array ofAlthough construction employment varies year to year depending projects, including major transit, utility, and road, highway andon investment levels, labour market conditions in 2022 were bridge projects in Ontario, British Columbia, Quebec, Novaparticularly challenging in Prince Edward Island, Ontario, British Scotia and Prince Edward Island, and strong demand for projectsColumbia, New Brunswick, Nova Scotia and Saskatchewan. These in the industrial, commercial and institutional (ICI) sector inprovinces experienced investment increases in both residential and everyprovince. non-residential construction segments.Quality & Trusted TOPS Ready Scaffolding. Nordic BUILDFORCE:Our high-quality scaffold, shoring and custom access platformsRoof Systemare trusted on some of the largest landmark projects to smaller, more restricted job sites.Quality and trust is something you cannot put a price on.Those who know understand that our cost-effective products and timely service is the right mix of valuefor your business.Call us for a better scaffold supply thetops.caNEWTORONTO | HQ QUBEC CITY25 Enterprise Rd 1910 Rue Des Outardes Toronto, ONM9W 1C4 Saguenay, QCG7K 1H1416.645.8500 418.812.5845ACCESS CANADA FALL/WINTER 2023/2024 21'