This industry profile provides a five-year forecast for Canada’s engineering industry.
Document Highlights
Public infrastructure spending—Federal investment in infrastructure, such as new roads and highways, will ramp up further this and next year, boosting demand for engineering services.
Disruptive technologies—Technologies such as the Internet of Things have the potential to fundamentally change the industry, leading to cost savings while creating new demand for engineering services.
Labour shortages—An aging workforce will lead to a growing number of retirements over the coming years, creating labour shortages in some fields of the industry while boosting wages.
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