The BC Construction Association has released their latest industry-wide survey. Read the full release here.
The value of the construction industry’s economic contribution is evident in the latest statistics, available in the BCCA’s Spring 2021 Stat Pack.
KEY B.C. CONSTRUCTION INDUSTRY STATISTICS:
- Construction is the No. 1 employer in B.C.’s goods sector
- B.C.’s construction industry accounts for 8.9% of the province’s GDP
- More than 219,500 people rely directly on B.C.’s Construction industry for a paycheque. That’s 8% of the workforce (More than any other goods producing sector, and bigger than forestry, mining, agriculture and fishing combined.) (5-year trend: Down 3%)
- Number of credentialed tradespeople: 172,045
- Roughly 85% of construction workers are non-union
- Number of credentialed tradeswomen: 10,667 (6.20%)
- Number of construction companies in BC: 25,784 (5-year trend: Up 9%)
- Average yearly wage of B.C. construction employees: $63,168 ($13.9B cumulative yearly wage)
- Value of proposed construction projects in British Columbia: $221 billion
- Estimated value of current major construction projects underway in B.C.: $120 billion (5-year trend: Up 60%)
- Number of construction jobs in BC that will be unfilled due to labour shortages by 2030: 11,331
For key findings and more details from the latest BCCA Construction Industry Survey go to www.bccassn.com/stats