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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%

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%

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%
