Aurora borealis over lake

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.

December 2025 data (2-month lag time)

Average daily production

3.75 million barrels

Wood Buffalo-Cold Lake Labour Force

Workforce Update

December 2025 data

Participation

71.9%

Employment

67.1%

Unemployment

6.7%

two construction workers measuring plans

An affordable community

Real Estate Market

Sales in December increased 22.8 percent year over year. December saw a 23.8 percent decrease in inventory levels year over year. With 240 units in inventory and 70 sales, the months of supply for December fell to 3.43 months, and was down 38 year over year. Year-over-year average prices are down 0.3 percent. Prices for all property types were up except for row housing, rising for detached (3.3%) semi-detached (26%) and apartments (9.4%) but falling for row (-24%).

December 2025 data

average residential price

$339,819

Year-over-year change in home sales

2%

person walking dog in neighbourhood with fountain

Nation-leading affordability

Rental report

January 2026 data

Average 1BR rent

$1,169

Average 2BR rent

$1,389

Fort McMurray International Airport

Passenger + Flight Info

November 2025 data

Total passengers

27,048

Aircraft movements

2,531

Infrastructure to grow

Traffic Counts

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

December 2025 data

Avg daily vehicles - HWY 63 Athabasca Bridge

50,679

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.

December 2025 data

Average occupancy

50%