July 2025 - Updated Monthly
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.
May 2025 data (2-month lag time)
Average daily production
2.96 million barrels
Wood Buffalo - Cold Lake Labour Force
Workforce Update
June 2025 data
Participation
75.2%
Employment
70.3%
Unemployment
6.4%
An affordable community
Real Estate Market
Sales in June decreased 2.5 percent year over year. June saw a 13 percent decrease in new listings, leading to a 11 percent decrease in inventory levels year over year. With 461 units in inventory and 119 sales, the months of supply for June fell to 3.87 months, and was down 9.3% year over year. Year-over-year average prices are down 3.7 percent. Prices rose across most property types, rising for semi detached housing (36%), row (6%) and for apartment (2%), but falling for detached (-2%).
June 2025 data
Year-to-date average residential price
$369,872
Year-over-year change in home sales
-3.7%
Nation-leading affordability
Rental report
June 2025 data
Average 1BR rent
$1,237
Average 2BR rent
$1,450
Fort McMurray International Airport
Passenger + Flight Info
June 2025 data
Total passengers
29,415
Aircraft movements
5,570
Infrastructure to grow
Traffic Counts
Traffic moves smoothly in FMWB. Ongoing infrastructure investments keep things rolling. The Athabasca River Bridge is a key connector.
June 2025 data
Avg daily vehicles - HWY 63 Athabasca Bridge
59,368
Welcoming the world
Hotel Occupancy
Fort McMurray saw occupancy and room rates improve slightly in March. Ongoing trade tensions with the United States have decreased cross-border traffic, and could potentially drive new visitors to Canadian destinations like FMWB.
March 2025 data
Average occupancy
55%
