London Home Builders’ Association: Losing tradesmen to hit housing hard

This is the year in which the oldest baby boomers (born in 1946) start to exit the workforce. Statistics Canada predicts baby boomer retirements will continue through 2031, when retirement-aged Canadians will represent about 25% of the population.

All industries will be affected, but losing skilled trades in construction has the added potential to seriously affect housing availability and affordability for Canadians.

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