Job prospects Truck Owner Operator near Cold Lake (AB)
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Explore current and future job prospects for people working as "Transport truck drivers" near Cold Lake (AB) or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Labour shortage

Over the past few years (2021-2023), there was a labour shortage for Transport truck drivers near Cold Lake (AB). There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Good

The employment outlook will be good for Transport truck drivers (NOC 73300) in the Wood Buffalo - Cold Lake region for the 2023-2025 period.

The following factors contributed to this outlook:

Employment growth will lead to several new positions.
Several positions will become available due to retirements.
High employee turnover in this occupation could lead to additional employment opportunities.

Opportunities in this occupation will be positive due to the ageing workforce, persistent labour shortages and challenges attracting young workers. Alberta has pledged $30 million in commercial driving grants, including $10 million of annual funding over the next three years which is earmarked for the Driving Back to Work Program.

Here are some key facts about Transport truck drivers in the Wood Buffalo - Cold Lake region:

Approximately 2,550 people worked in this occupation in May 2021.
Transport truck drivers mainly work in the following sectors:
- Transportation and warehousing (NAICS 48-49): 46%
- Construction (NAICS 23): 14%
- Support activities for mining, oil and gas (NAICS 213): 8%
- Oil and gas extraction (NAICS 211, 213): 8%

Source Labour Market Information | Prospects Methodology