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Market Profile

When choosing where to take your business next, many factors influence the decision. The following is a short list of facts that we believe make our region a top choice for expanding businesses.

We are naturally enriched, globally competitive. From having the lowest corporate tax rate in Canada—at 8%—to municipal incentives like a five-year tax exemption and over $200,000 available for businesses in downtown Fort McMurray, we believe our region is a prime example of what that advantage truly is.

Market Profile

Urban MARKET OPPORTUNITIES

Significant Unmet Opportunity

38.2%

Outflow Available for Recapture

Robust Commercial/Retail Demand

$1,85B -$3.01B

2022-2030

High Household Income

$212,433

2022 Average

Young Affluent Consumer Base

35.3

Median Age

Employed in Wood Buffalo

15%

of Canada’s Oil & Gas Extraction industry workforce

Oil remaining in the Athabasca Oil Sands

100 Billion Barrels

This means about 100 years of activity.

Urban Market Opportunities

Our population is growing. Saline Creek and Parsons creek can accommodate a combined 40,000 new residents. We have no shortage of space for families and innovators to come and find their success. Our downtown is experiencing a renaissance with our Mayor and Council prioritizing its revitalization. We are open for business. The following is a list of opportunities in leading industries in Fort McMurray Wood Buffalo.

  • National/Regional Retail Anchors
  • High Density Mixed Use Projects
  • Community Commercial/Services
  • Branded Outlet Mall
  • Urban Entertainment Centre
  • Technology Based Commercial
  • Health Services/Commercial
  • National/Specialty Restaurants
  • Hospitality/Conference Centre
  • Leisure/Resort Destinations
  • Highway Services/Travel Centre
  • Auto Mall

Contact

WE ARE NATURALLY ENRICHED, GLOBALLY COMPETITIVE.

Contact us about the unique opportunities available in Fort McMurray Wood Buffalo.

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