72401 economic 2025-2027
Wood Buffalo - Cold Lake Moderate
Canada Moderate
Heavy-duty equipment mechanics in Wood Buffalo - Cold Lake
Salary Information
Wage data for this region
Entry-level
$23.50
/hr
Typical
$42.00
/hr
Experienced
$65.00
/hr
Average: $43.20/hr
90.5% of workers in this occupation receive non-wage benefits
Source: Job Bank Canada. Wages may vary by region and experience.
Employment Trends Analysis
The employment outlook will be Moderate for heavy-duty equipment mechanics (NOC 72401) 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.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
- Heavy-duty equipment mechanics will continue to have a high demand in Alberta with the levels of industrial and agricultural activities supported by the oil and gas sector.
- The occupation is influenced by the technical evolution of the profession, shift to autonomous mining trucks, GPS enabled farming equipment.
Here are some key facts about heavy-duty equipment mechanics in the Wood Buffalo - Cold Lake region:
- Approximately 2,190 people work in this occupation.
- Heavy-duty equipment mechanics mainly work in the following sectors:
- Oil and gas extraction (NAICS 211, 213): 35%
- Wholesale trade (NAICS 41): 14%
- Construction (NAICS 23): 13%
- Other services (except public administration) (NAICS 81): 12%
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 9%