Nova Scotia Construction Industry Outlook: 2025-2034
Key Ideas
- Nova Scotia's construction sector is thriving, with significant growth expected in both residential and non-residential construction activities by 2034.
- The forecast highlights challenges such as shortages in skilled residential workers and an aging labor force, projecting a potential hiring gap of as many as 15,000 workers by 2034.
- Efforts to address the labor shortage include recruiting new entrants locally, targeting underrepresented groups, and immigrants with construction experience.
- Record high new registrations in construction trades in 2023 and ongoing initiatives to enhance diversity and inclusivity in the construction labor force are positive indicators for the industry's future.
The construction industry in Nova Scotia showed robust growth in 2024, with both the residential and non-residential sectors reporting gains. BuildForce Canada's 2025–2034 Construction and Maintenance Looking Forward report indicates sustained growth in residential construction investment levels, primarily driven by residential renovations in the later years. Non-residential construction investment levels are projected to ebb and flow, with core construction work on key projects such as the EverWind hydrogen project contributing to a peak in 2028. The forecast also addresses challenges like shortages in skilled residential workers and an aging labor force, projecting a potential hiring gap of up to 15,000 workers by 2034. Efforts to bridge this gap include recruiting locally, targeting underrepresented groups, and immigrants with construction experience. Record high new registrations in construction trades in 2023 and initiatives to promote diversity in the labor force are positive signs for the industry's future. Strategies to maintain recruitment, training efforts, and inclusivity will be vital for Nova Scotia to meet the growing construction demands and ensure a skilled workforce for the future.
Topics
Projects
Training Programs
Construction Industry
Nova Scotia
Skilled Workforce
Immigration
Employment Projections
Diversity In Labor Force
Population Demographics
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