Alberta Construction Labour Shortage: The 15,400 Gap
Yesterday everyone celebrated Meta’s $13B data centre in Alberta. Nobody asked who’s going to build it. That single project needs 3,000+ construction workers. Now zoom out. Alberta must recruit 59,000 construction workers by 2034 — mostly to replace 43,400 people retiring, 21% of the entire 2024 workforce. Even after all that hiring, the province is..
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Most people read Calgary’s 9% condo price drop as a weak market.
$300K condo. $750K detached. The family keeps choosing the $750K one. Here’s why that isn’t irrational. Most people read Calgary’s 9% condo price drop as a weak market. It’s not. It’s a product problem. Line up the three options a family is actually choosing between: → Apartment condo — benchmark ~$300K. But it’s a one..
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Alberta Construction Procurement Is Shifting — Here’s What Wins
Three procurement shifts are changing how Alberta projects get delivered — and most firms are structured for none of them. Most developers and contractors treat procurement reform as a threat. Something to survive, or wait out until the old system fixes itself. But here’s what’s actually happening on the ground: → Traditional lowest-bid, fixed-scope procurement..
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Alberta Feasibility Studies: The +15% Problem Most Developers Are Ignoring
Material costs up 15% in 2026. Most Alberta feasibility studies never saw it coming — because they only modeled one scenario. That’s not a data problem. It’s a methodology problem. Here’s what the numbers actually show: → CMHC projects national housing starts declining through 2028 — multi-family taking the hardest hit → Altus Group’s 2026..
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Alberta Construction 2026: What 4.8% Unemployment and a 39.7% Drop in Housing Starts Really Mean
Alberta construction unemployment: 4.8%. Housing starts: down 39.7%. Same market. Same month. Every developer and builder planning a 2026 project should sit with this: — Construction unemployment: 4.8% (May 2026) — crews are still fully absorbed — Investment in building construction: $3.7B, up 24.6% year over year — Housing starts (April 2026): 3,192 units —..
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Alberta Real Estate 2026: Why Product Mix Beats Market Volume
Two developers. Same month. One in Toronto, one in Calgary. Same slowdown signal. Completely different risk profile. While Ontario and B.C. are dealing with stalled pre-sales, high-rise projects on hold, and developer margins under serious pressure — Alberta is having a different conversation. Here’s what the data actually shows: → Stronger demographic growth than most..
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Alberta Construction 2026: Large-Scale Project Management
Is your project management system built for a single handover — or for a 253-acre, multi-phase community? Alberta isn’t just building homes anymore. Mattamy Homes and Truman are already developing master-planned communities at that scale. Data centres worth $16 billion by 2032 are coming next. Purpose-built rental is scaling fast. This explains why project professionals..
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Alberta Housing Starts 2026: What the CMHC Forecast Really Means for Developers
CMHC just reported the best month for housing starts in years. Then buried the forecast nobody wants to read. Every serious developer and builder in Alberta should understand this: — April 2026: housing starts jumped 17% nationally (279,317 units SAAR) — CMHC forecast: new construction will decline until 2028 — Both numbers are real. They’re..
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Alberta Real Estate Feasibility: Where Projects Lose Money
Most Alberta developers aren’t losing money on site. They’re losing it 18 months earlier — and don’t know it yet. Twelve months ago, every developer in Alberta was pointing at the same number. 54,900 housing starts. +18% versus Q1 2024. Best performance in the country. The market looked bulletproof. It isn’t. Here’s what the data..
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Alberta Affordability 2026
$641,000. $15/hr. Same province. Same 2026. In 2013, Alberta was the place to be. Wages 17% above the national average. Every worker was better off here than anywhere else in Canada. March 2026: real wages down 4.5% over five years. Minimum wage frozen at $15/hr since 2019. The labour market moved. The housing market didn’t..
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