72400 economic 2025-2027
Wood Buffalo - Cold Lake Limited
Canada Moderate
Construction millwrights and industrial mechanics in Wood Buffalo - Cold Lake
Salary Information
Wage data for this region
Entry-level
$31.00
/hr
Typical
$53.00
/hr
Experienced
$75.00
/hr
Average: $52.87/hr
Source: Job Bank Canada. Wages may vary by region and experience.
Employment Trends Analysis
The employment outlook will be Limited for construction millwrights and industrial mechanics (NOC 72400) in the Wood Buffalo - Cold Lake region for the 2025-2027 period.
The following factors contributed to this outlook:
- Employment decline will lead to the loss of some positions.
- A moderate number of positions will become available due to retirements.
- There are a moderate number of unemployed workers with recent experience in this occupation.
- Construction millwrights and industrial mechanics will continue to be in demand with long-term employment prospects in the energy, manufacturing, and agricultural sectors.
- Large food processors and manufacturers have expanded in southern Alberta in recent years, creating some employment opportunities.
- Employment opportunities will also be available in natural gas and combined cycle power plant maintenance work. In addition, turnaround work in oil sands operations and natural gas plants will provide workers with opportunities in the long-term.
Here are some key facts about construction millwrights and industrial mechanics in the Wood Buffalo - Cold Lake region:
- Approximately 690 people worked in this occupation in May 2021.
- Construction millwrights and industrial mechanics mainly work in the following sectors:
- Oil and gas extraction (NAICS 211, 213): 50%
- Paper manufacturing (NAICS 322): 14%
- Construction (NAICS 23): 9%
- Wholesale trade (NAICS 41): 6%