Labour Shortage in the Canadian Oil Sands Industry

The cumulative investments in the Canadian oil sands sector have crossed about $100 billion over the last decade. Investments of about $364 billion are expected in the next 25 years. However the labor market of Canada has not been able to keep up with the boom in the oil sands market. The monumental requirement for construction services has steadily widened the construction labor demand-supply gap. Currently an acute skill and labor shortage persists in the Canadian oil sands construction sector.