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Executive director Cheryl Knight says retirements will reduce the number of skilled workers who will be difficult to replace with new employees.

The energy labour market outlook suggests that the oilsands and pipeline sectors will make the biggest labour demand over the next three years.

Tom Huffaker from the Canadian Association of Petroleum Producers says the last economic downturn prompted many companies to downsize, but the recovery has been stronger than expected.

The report says exploration and production companies may see some job losses because of prolonged low prices for natural gas.

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