Industries

Central Alberta is made up of small and large businesses from a wide range of industries including, manufacturing, agriculture & agri-foods, oil & gas, petrochemical and transportation & logistics.

Central Alberta’s economic growth and prosperity comes from collaboration between various industries, which offers support for businesses of any size.

  • In Alberta Energy accounts for about one-quarter of the province’s Gross Domestic Product (GDP), down from 36% three decades ago.
  • Other sectors have shown considerable growth over the past two decades. From 1985 to 2014 the following non-energy sectors grew strongly:
  • Construction sector from a 6.7 percent share of GDP in 1985 to 10.8 percent in 2014.
  • Finance and real estate sector from 11.0 percent to 13.5 percent.
  • Business and commercial services sector from 5.5 percent to 10.2 percent.

Manufacturing

Central Alberta has a broad manufacturing base, with a large number of fabricated metals and machinery manufacturers which are closely tied to the oil and gas industry. Our manufacturing industry continues to grow and diversify into efficient suppliers of specialized products.

Agriculture &
Agri Food

The Central Alberta region is Alberta’s second largest agricultural region and includes livestock, plant, food processing, natural health products and biofuels.

Oil & Gas

73% of Canada’s petroleum production, drilling, and investment spending occurs in Alberta. Central Alberta plays an integral role in this industry by leveraging our location, space, and skilled workforce; and by serving as headquarters for many drilling and service companies.

Petrochemical

Alberta’s chemical and petrochemical industry produces over $9.5 billion worth of products annually. Central Alberta is home to a petrochemical cluster of approximately 36 of these manufacturers.

Transportation

Central Alberta is located along the Queen Elizabeth II Highway corridor, which connects over 74% of Alberta’s population, allowing easy access to major markets.

Success Stories

Many companies find prosperity in Central Alberta.

Read Our Success Stories
Contact Info
Access Prosperity
100 College Blvd.,
Box 5005 Red Deer, Alberta,
Canada T4N 5H5
+1.403.356.4935
info@accessprosperity.ca
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