Why FMWB
BUSINESSES—AND PEOPLE—THRIVE IN FMWB
Abundant resources and a commitment to innovation means sustainable growth for generations to come.
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
Contact
We are naturally enriched, globally competitive.
Contact us about the unique opportunities available in Fort McMurray Wood Buffalo.
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