According to the report of “Engineering Labour Market in Canada: Projections to 2025”, there will be a huge gap in demand and supply of the qualified experienced and skilled engineers across Canada. Because of the growing economy and the retirement of engineers. It is expected that nearly 100 thousand engineering opportunities will be generated in the next 5 years.
The most important factor that has been noted in the report is that there is huge gap in the availability of the skilled professionals. After the retirement of experienced engineers in the coming years, there will be a shortage of experienced engineers by that time. According to the report these jobs can’t be filled by new graduated or less experienced engineers . This gap will throw a challenge for the economy and it is expected that intermediate or medium level engineers have to be hired to fill these posts. The report suggests that the positions can be filled by the experienced Canadian Engineers who move from one province to another and also from engineers coming from other countries.
The report says that the average age of engineers working in various provinces and disciplines. For Civil Engineers will be around 50 years in British Columbia and it is around 48 years in Manitoba. Therefore, these two provinces are expected to create more vacancies for Civil Engineer jobs, since most of the engineers are retiring from these two places in the coming years.
The report also shows that About 70% of jobs are going to be generated due to the retirement of Mechanical engineers in the coming 5 years and This will increase the total number of jobs to about 90%.
Finally, the stronger economy in the US, declining exchange rate and oil prices and the increased investment indicate the strong economy in some provinces lead to the creation of job opportunities in the areas of manufacturing, utilities and mining.