The cost of gas isn’t the only thing going up in Canada’s oil industry, the rush to get rich quick is also steadily on the rise.
This year the oil and gas industry made the top 10 list of sources of employment in Canada, according to canadabusiness.com. And though many are hearing of the harsh conditions associated with the industry, they are still opting for employment there all in the name of sacrifice.
Andre Abrahams,26, a forklift operator in Toronto, says he’s going to Fort McMurray in November to look for a job in the industry.
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“I’ve researched the industry but I am willing to make the sacrifice. I’ve given myself a two -three year timeline out there then I will be coming back to start my life in Toronto,” said Abrahams says.
Abrahams is like many Ontarian migrates hoping to reap the benefits of working in oil camps in Alberta. Thousands of people migrate to Alberta to work in the oil sands as the demand for labor there rises.
“I’m not looking to rent a place there. I am not going to live there. It’s too cold and depressing. I just want to fly back every two weeks,” Abrahams says.
Abrahams has an economics degree from the University of the West Indies in Jamaica, but migrated to Canada two years ago. Though he admits his salary covers the bills, he says he wants more for himself.
“I’m looking to save enough to pay for a house, get into real estate and complete my MBA without having a student loan to repay. Going and work in a camp seems like the most lucrative way to get that done,” Abrahams says.
And lucrative it is.
Alberta.ca reports that the energy industry in Alberta accounts for more than 275,000 jobs both directly and indirectly and the sector is expecting growth, as more technology advances which will allow for developments in the oil sands.
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Executive Director of the Petroleum Human Resources Council Cheryl Knight told the Financial Post on Sept. 3 many professionals in the oil patch have a pretty good retirement savings plan, stock option plans and they are retiring.