ACA’s monthly Industry Statistics Package is an updated look at some of the most vital numbers within the construction sector that drive our province forward. This package lends itself as a valuable resource to be viewed by all members of Alberta’s construction industry including local associations, employees, and members of the workforce.
July’s edition highlights several key metrics, including changes in the average weekly wages of full-time construction employees, and increases in the value of proposed construction projects in Alberta and the current number of construction employees.
Below are some of July’s significant statistic updates since our last package:
- The value of proposed construction projects rose from $244.8 billion to $303 billion this month, with around $59.1 billion worth of projects being added in the last 30 days. The recently proposed Northern Shield Energy Corridor and West Coast Oil Pipeline projects are included in this increase, with the West Coast project alone valued at $43.7 billion. Other major projects include the Peace River Nuclear Power Project, proposed in 2024, with an estimated value of $50 billion and expected to commence in 2028.
- The number of current construction employees in Alberta rose from 268,100 to 274,400, representing a 1.6% increase year over year.
- Average weekly wages of a full-time construction worker went from $1,756 to $1,717.
Statistics Canada has not released updated numbers for the value of building permits for June, making the number the same as last months with $1.6 billion.
Since our last Statistics Package release, major projects such as pipeline proposals and significant increases in employment numbers have been at the forefront of the industry’s updated metrics.
Alberta’s construction sector continues to act as a key driver of prosperity and growth, contributing to province-wide investment, employment, and opportunity.
Review the full Industry Statistics Package infographic below.