City of Grande Prairie
Economic Profile Grande Prairie is a vibrant, flourishing regional centre providing shopping and services for residents of Northwestern Alberta and Northeastern British Columbia.
68,350 Population
27,551
Private Dwellings*
34.0
Median Age*
295,079
Trade Area Population
Fort McMurray
Grande Prairie
$120,000
Median Household Income*
40
63 43
$326,537
Edmonton
Average House Price (2022)
16 2
25,000 – 50,000 Traffic counts at major intersections
*2021 Federal Census
Calgary
Retail Figures $5.1 Billion
4.51 Million s.f.
$374 Million
1.06 Million s.f.
Total Trade Area Retail Spending
Retail sales inflow from outside of Grande Prairie
$5.24 Million s.f. Retail Floorspace
Current Retail Floorspace
Residual Retail Demand
Planned development and construction in the region total over $7 billion including: • Northern Petrochemical Corporation • Cerilon GTL • Alberta No.1 Geothermal Power Plant
• Highway 40 Twinning • Regional Pipeline Expansion Projects
Industry Oil & Gas
Forestry
Agriculture
Tourism
• Strategically positioned on two of the largest energy plays in North America - the Montney and the Duvernay
• Home to Weyerhauser, Canfor, International Paper and West Fraser Timber Co.
• Alberta’s 2nd largest crop producing region with 13.6% of Alberta’s cropland
• Over 3,475 rooms for accommodations and meeting spaces
• 2/3 of active rigs in Canada are operating in the Grande Prairie region
• Region produces 40% of Alberta’s pulp and 50% of timber
• Host to 2016 Scotties Tournament of Hearts and the 2018 Alberta Summer Games, 2021 Grande Prairie BuckWild Professional Bull Riders Canada Cup Series, 2022 Pinty's Grand Slam Curling, 2024 Winter Games
To support employers and enable a strong labour force, the City of Grande Prairie is a designated community for the Rural Renewal and Rural Entrepreneur Stream Immigration Programs.
Western Alberta Labour Force by Industry City of Grande Prairie
County of Grande Prairie & MD of Greenview
1% 2% 2%
3%
1% 1% 0%
13%
3%
Mining, quarrying, and oil and gas extraction Retail trade Construction Health care and social assistance Educational services Transportation and warehousing Other services (except public administration) Public administration Accommodation and food services
Manufacturing Wholesale trade Administrative and support, waste management and remediation services Industry - not applicable Finance and insurance Real estate and rental and leasing Arts, entertainment and recreation Utilities Information and cultural industries Management of companies and enterprises
3% 4% 4%
4%
3%
2%
2% 2%
13%
1% 1% 0%
12%
4%
4%
10%
5% 5%
11%
5% 5%
5%
5%
6%
10%
10% 6%
5%
9% 5%
6%
6%
Please enquire with Invest Grande Prairie for more details and investment opportunities in the City of Grande Prairie. investgrandeprairie.com
ecdevinfo@cityofgp.com
780-357-4969 December 2023 | v1.0