Over the next 15 years, the Toronto area will need almost double the number of construction workers it currently has in order to accommodate new infrastructure projects along with an aging workforce, says a new report by the Toronto Region Board of Trade. There are currently about 175,000 construction-related jobs in the GTA. For instance, the number of new residential dwellings required in the region will likely exceed 800,000 units, the report says, worth $230 billion in construction investment. Over the next 15 years, approximately 118,000 workers are needed for $214 billion worth of planned construction activity, and another 29,000 workers are needed to replace those expected to retire. “Truly, this is a generation of jobs,” said board president and CEO Janet De Silva.

Source: thestar October 04, 2016 12:22 UTC