Key Construction Sector Indicators

The BC Construction Association (BCCA) released its latest construction sector statistics in late October 2019 which shows a booming construction sector ($115 billion in projects underway and another $206 billion in proposed projects on the horizon) meeting the challenges of continued growth with an increase in construction companies and rising average wages for a workforce that is 85 per cent non-union.

KEY BC CONSTRUCTION INDUSTRY STATISTICS:

• Construction is the number 1 employer in BC’S goods sector.

• Value of proposed construction projects in British Columbia: $206 billion

• Value of current construction projects underway in BC: $115 billion

• BC’S construction industry accounts for 8.6% of the province’s GDP.

• More than 236,000 people rely directly on BC’S Construction industry for a paycheque.

• Number of construction trades workers in BC’S labour force: 180,300 (BC Stats: Spring 2019)

• Number of construction companies in BC: 25,736

• The average yearly wage of BC construction employees: $61,784

• Number of construction jobs in BC that will be unfilled due to labour shortages by 2028: 7,900

• Percentage of construction workforce that is unionized: 15%