Ontario’s construction sector faces a shortage of 72,000 workers, driven by high retirement rates and booming demand for housing and infrastructure. Over 80,000 workers are set to retire in the next decade, needing more new workers to fill their positions. This shortage could leave about 118,900 construction positions vacant by 2033. The government is investing $3.6 million in projects to prepare 2,200 women and young people for careers in construction. Meanwhile, the Canada Mortgage and Housing Corporation states that Canada needs 5.8 million new homes for affordable housing, but current construction rates could only supply 2.3 million units by 2030.
