Job prospects Petroleum Engineer near Toronto (ON)
Explore current and future job prospects for people working as "Petroleum engineers" near Toronto (ON) or across Canada.
Current and future job prospects
The recent trends from the past 3 years were updated on July 25, 2025. The job outlooks over the next 3 years were updated on December 10, 2025.
Recent trends from the past 3 years
Over the past few years (2022-2024), the labour market was balanced for Petroleum engineers near Toronto (ON). The number of job openings was about the same as the number of workers available in this occupation.
Source Labour Market Information | Recent Trends Methodology
Job outlook over the next 3 years
The employment outlook will be Moderate for petroleum engineers (NOC 21332) in the Toronto region for the 2025-2027 period.
The following factors contributed to this outlook:
- Employment decline will lead to the loss of some positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about petroleum engineers in the Toronto region:
- Approximately 140 people worked in this occupation in May 2021.
- Petroleum engineers mainly work in the following sectors:
- Mining, quarrying, and oil and gas extraction (NAICS 21): 33%
- Professional, scientific and technical services (NAICS 54): 25%
- Petroleum and coal product manufacturing (NAICS 324): 10%
- Transportation and warehousing (NAICS 48-49): 10%
- Wholesale trade (NAICS 41): 6%
Labour market conditions over the next 10 years
Find out what will be the job prospects for Petroleum engineers across Canada over the next 10 years, from 2022 to 2031.
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