Aurora borealis over lake

Updated April 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.

February 2026 data (2-month lag time)

Average daily production

3.5 million barrels

Wood Buffalo-Cold Lake Labour Force

Workforce Update

December 2025 data

Participation

71.9%

Employment

69.6%

Unemployment

8.6%

two construction workers measuring plans

An affordable community

Real Estate Market

Sales in February fell 5.3 percent year over year. February saw an 20.1 percent decrease in inventory levels year over year. With 263 units in inventory and 90 sales, the months of supply for February fell to 2.92 months, and was down 15.6% year over year. Year-over-year average prices are down 0.1 percent. Prices were down 1.1% for detached but up for semi-detached (15%), apartments (7.7%), and row (9.1%).

February 2026 data

average residential price

$348,802

Year-over-year change in home sales

-1%

person walking dog in neighbourhood with fountain

Nation-leading affordability

Rental report

March 2026 data

Average 1BR rent

$1,214

Average 2BR rent

$1,400

Fort McMurray International Airport

Passenger + Flight Info

February 2026 data

Total passengers

26,060

Aircraft movements

2,450

Infrastructure to grow

Traffic Counts

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

February 2026 data

Avg daily vehicles - HWY 63 Athabasca Bridge

51,933

Welcoming the world

Hotel Occupancy

Fort McMurray saw occupancy and room rates improve slightly in February. With visitation levels relatively flat, operators are leaning on rate increases to drive revenue. Elevated food inflation in Alberta has also added upward pressure on hotel ADRs.

February 2026 data

Average occupancy

64%