Many companies that started out with little more than a tool box and a pickup truck are now relatively large businesses employing dozens of workers throughout the NWT. A few have even established southern offices in Canada, or even taken on projects abroad. ADCO North used its NWT experience to install power stations in Chile and the Cayman Islands.
Recent strong economic growth in this sector has also attracted southern Canadian construction firms to the NWT, such as Ledcor and SNC-Lavalin.
The construction industry is predicted to experience a period of rapid growth paralleling new mine development. Currently, construction accounts for seven per cent of the NWT’s GDP. Critical for the development of infrastructure, this sector supports the development of other industries.
The construction industry employed an average of 1950 workers in 2011, or 6.9 per cent of the total territorial workforce.