Aurora borealis over lake

Updated June 2026

FMWB Economic Dashboard

Fort McMurray Wood Buffalo has the energy to power Canada's economy. Gain insight on the local picture with these key indicators.

Canada's energy centre

Oil Sands Production

FMWB has the production capacity and the reserves for decades of reliable energy production.

April 2026 data (2-month lag time)

Average daily production

3.51 million barrels

Wood Buffalo-Cold Lake Labour Force

Workforce Update

March 2026 data

Participation

72%

Employment

69.4%

Unemployment

8.5%

two construction workers measuring plans

An affordable community

Real Estate Market

Sales in May rose 25 percent year over year. May saw an 22.6 percent decrease in inventory levels year over year. With 358 units in inventory and 134 sales, the months of supply for May fell to 2.64 months, and was down 38% year over year.

Year-over-year average prices are up 9.4 percent. Prices were up for detached and semi-detached, but fell for row and apartments.

May 2026 data

average residential price

$384,875

Year-over-year change in home sales

4%

person walking dog in neighbourhood with fountain

Nation-leading affordability

Rental report

May 2026 data

Average 1BR rent

$1,272

Average 2BR rent

$1,491

Fort McMurray International Airport

Passenger + Flight Info

April 2026 data

Total passengers YTD

108,640

Aircraft movements YTD

9,851

Infrastructure to grow

Traffic Counts

Traffic moves smoothly in FMWB. Ongoing infrastructure investments keep things rolling. The Athabasca River Bridge is a key connector.

March 2026 data

Avg daily vehicles - HWY 63 Athabasca Bridge

54,444

Welcoming the world

Hotel Occupancy

Fort McMurray saw occupancy and room rates decrease slightly in the last month. Growth across key metrics is being driven more by higher room rates than more visitors. Rising food costs are also contributing to higher hotel pricing.

May 2026 data

Average occupancy

57%