Construction activity rises in Alberta to 2035, as non-residential growth offsets moderating residential demands

Construction activity in Alberta is projected to grow through 2035, driven by sustained non-residential construction and elevated residential levels. Residential construction peaks in 2026 then declines due to reduced housing demand, with employment falling 16% by 2035. Non-residential construction, including engineering and institutional projects, is expected to rise steadily, increasing employment by 15%. The sector must add 48,800 workers by 2035, addressing retirements and potential labor shortfalls through recruitment, training, and diversity initiatives.