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              Construction Trades Hub (LMI)

              April 30, 2024
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              BuildForce Canada collaborates with Magnet to administer wage subsidies, foster new talent in construction, and deploy Labour Market Information (LMI) tools to analyze industry shifts.

              About

              BuildForce Canada assists the construction industry by conducting labour market research and leading programs that support workforce upskilling, improved productivity, and the adoption of best practices.

              BuildForce engages in labour market research and analysis to forecast long-term trends in the construction sector. This research benefits governments, organizations, employers, and individuals looking to understand the industry’s labor force, trends, and the impact of new technologies. 

              Solution

              Magnet digital infrastructure supports two components of BuildForce’s efforts:

              • The administration of wage subsidy funding to incentivize employers  to hire and train new talent
              • Labour market information (LMI) tools that illuminate the impact of new technologies, shifts to green building, and the impact of the COVID-19 pandemic on labour availability

              In order to inform future training and recruitment efforts, LMI tools provide data visualizations of employer demands, current workforce demographics, and changes in employment levels over time.

              For job seekers, LMI tools help individuals understand which jobs are available and where, as well as the skills and certifications required for each role. 

              Strategic Alignment/Impact

              As Canada strives to meet its net-zero emissions goals, the country’s green building sector is poised for growth. According to the Future Skills Centre, the sector has the potential to create up to 1.5 million jobs by 2030. Quality LMI is critical to fostering recruitment strategies and aligning the skills of current workers and new talent with the future needs of the construction industry and associated trades. The LMI component of Magnet’s partnership with BuildForce provides industry leaders and training organizations with important insights to drive these efforts.

              Partners

              Led by BuildForce Canada
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