Workers lay pipe during construction of the Trans Mountain pipeline expansion on farmland, in Abbotsford, B.C., on May 3, 2023. Photo by THE CANADIAN PRESS/Darryl Dyck
Prime Minister Mark Carney’s plan to transform the Canadian economy has overlapping segments that may end up competing for a shortage of skilled workers, which could lead to cost overruns, according to a new report from Deloitte.
The plan is three-pronged: double housing construction, fast-tracking major projects and unlocking $500 billion in private investment.
But all three initiatives happening at the same time would require between 410,000 and 520,000 additional workers by 2030, amounting to about a one-third increase in the current number of construction workers, according to a new report from Deloitte.
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