Canadian Industrial Profile: Engineering—Spring 2017

The Conference Board of Canada, 2 pages, June 20, 2017
Industry Profile
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This industry profile provides a five-year forecast for Canada’s engineering services industry.

Document Highlights

Government Spending—The federal government’s plan to increase spending on infrastructure will strengthen demand for engineering services.

Oil Prices—Many engineering jobs have been shed due to the decline in oil sands investment. A gradual recovery in oil prices is expected, which will benefit the industry.

Labour Shortage—An aging population will lead to a growing need to replace retiring engineers in the coming years, creating a labour gap while putting upward pressure on wages.

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