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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National Housing Starts Drop 5.2% YoY — Why Alberta Tells a Different Story
National housing starts: -5.2% YoY. Prairies: above historical average. Same country, opposite story. Most people will read that headline and assume Canada’s residential construction is slowing everywhere, at the same pace. It isn’t. Here’s what the disaggregated CMHC data actually shows: →→ National: 22,633 units in centers above 10,000 people, down 5.2% YoY →→ Prairies:..
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Fort Worth Real Estate: Reading the $3B A&M Demand Wave
25,000 jobs. $3B a year. One building opening this summer. Here’s what most developers are missing about the timing. The headline is loud. The opportunity is quieter. Here’s what the data actually shows: → Texas A&M’s Fort Worth district: 25,000 jobs and $3B+ in annual economic impact, fully built → First building (Law & Education)..
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