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Primed for Growth
This region delivers prosperity to the entire country. And our investment opportunities are only growing. You can build a life and a business here.
Room to grow. And grow. And grow.
Opportunities and investments are in high supply in Fort McMurray Wood Buffalo. What starts here can change the world.
A staggering $850 million in retail spending leaves the region every year. Those who live here love to support local businesses. Having more retail businesses to support isn’t just welcomed—it’s needed.
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.
POSITIONED FOR GROWTH
We are a young and vibrant community. The average age in Fort McMurray Wood Buffalo is 35 and the average household income is $217,284 - twice the Canadian average. And we have the highest average disposable income in Canada at $151,589. We are a region positioned for growth.
ACTIVE DEVELOPMENT and opportunities
As the region grows, so do the industries that help us thrive. There are so many business opportunities here for new businesses to start, and existing businesses to grow.
Why this region should be your top choice
There are many factors to consider for where to take your business next. We've compiled a list of what we believe make this region a top choice for expanding businesses.
Municipal Expertise
The Regional Municipality of Wood Buffalo Business, Planning and Development team is here to assist with permits, resources, and more.
Contact Us
WE ARE NATURALLY ENRICHED, GLOBALLY COMPETITIVE.
Contact us about the unique opportunities available in Fort McMurray Wood Buffalo.
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Fort McMurray Wood Buffalo has the 3rd largest proven oil reserve in the world, and our energy sector is laying the foundation for sustainable, long term growth. With a stable oil sands production outlook until well past 2030, industry is creating opportunities for economic growth, talent and jobs, and innovation that will drive the nation forward.
This is why businesses start and grow here.
A world-class energy sector
Producer In The World
4th Largest
Barrels Of Oil To Recover
100+ Billion
Spent On Procurement Locally
$12 Billion
Contribution To Canadian Economy
$1 Trillion
Jobs Across Canada
200,000+
Committed To Net Zero By
2050
Business-friendly development, incentives and policies.
Provincial Corporate Tax Rate
8%
Land Development Projects
9 Active
Awarded For Downtown Revitalization
113+ Grants
Incentives Available Per Commercial Property
Nearly $200,000
A young, talented, and skilled workforce that’s ready to work.
within working age (15-54)
63% of Residents
Have post-secondary education
76%
Unemployment rate
8.7%
Labour force participation
77.9%
Full & Part time students
16,000+
Unmet retail demand with a young, affluent customer base.
median age
35.3
Average Household Income
2x National Avg
Highest avg disposable income (Canada)
$151,567
Current commercial demand
$1.85 billion