2020 Economic Profile | Grande Prairie

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OVERVIEW

a growing, hardworking city

TH E HI G H LIGHTS DEMOGRAPHICS

MAJOR INDUSTRY

Grande Prairie is the youngest city in Canada with a median

The region boasts extraordinary crop quality with 13.6% (or 3.3

age of 31.9 and one of the fastest growing communities in

million hectares) of Alberta’s cropland, making agriculture an

North America. The 2018 municipal census recorded 69,088

important component of the region’s diverse economy.

residents up 37.6% from 2007. Forestry contributes significantly to the region’s economy

BUSINESS ADVANTAGES

as northwestern Alberta produces a substantial amount

No sales taxes

of the province’s pulp, oriented strand board and

A total trading area population of nearly 300,000 people

Most businesses are exempt from business licenses

One of the most entrepreneurial cities in Canada

dimensional lumber. Oil and gas provides tremendous opportunities for companies involved in the extraction and processing of energy resources as well as for supporting companies in transportation, business

LABOUR FORCE

management, engineering, consulting, information technology,

A young and educated population offers a valuable and highly

communications, and manufacturing.

skilled workforce to the region’s major economic sectors.

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