Within Alberta / Canada

Junction of Highway 55 and 63
The municipalities contained within the Alberta Energy Corridor represent a significant trading area, centred in the communities of Boyle in the south to Wandering River in the north, with Grassland, Breynat and Donatville at points along Highway 63. The area neighbours the Industrial Heartland region of Alberta – site of the announced upgrader to process oilsands feedstock – and is itself touching on the boreal forest region of the province and northern Canada. In addition to oil and gas activity, the other main industries in the area are construction, forestry related and traditional agriculture, with new developments underway in the area of alternative energy.

The closest large city to the Alberta Energy Corridor is Edmonton – approximately 1 ½ hours by vehicle from the southern edge of the Corridor.

Edmonton

Strategically located between the world’s second largest oil reserves and the world’s largest energy market, Edmonton plays a vital role in the development of the Athabasca oilsands. Greater Edmonton supports the energy industry as a centre for upgrading and refining petrochemicals, pipelines, manufacturing, transportation and logistics. Edmonton is at the crossroads of international trade routes linking Asia Pacific with eastern North America and Mexico with Alaska.

Edmonton’s economy continues to be one of the top performers in the Canadian economy. Alberta’s capital region enjoys a stable business environment and compelling long-term opportunities for growth. With more than $70 billion worth of investments in major projects expected in the region in the next decade, Edmonton is a place where businesses can prosper.

The city is also one of Canada’s leading centres for technology development. It is the home of the National Institute for Nanotechnology and cutting-edge companies engaged in microsystems and nanotechnology research and commercialization. Edmonton’s nine post-secondary institutions include the University of Alberta, a world-leading research institution, and the Northern Alberta Institute of Technology (NAIT), the largest trainer of apprentices in Canada. Read More »

Calgary

Another major city in the province of Alberta is Calgary – approximately 500 kilometres (300 miles) south of the Alberta Energy Corridor. Calgary is home to approximately one in seven of Canada’s major corporate headquarters. As Canada’s energy centre, it is no surprise that the majority of top corporations in Alberta, and specifically Calgary, are energy-related. In fact 91 of Calgary’s top head offices (76.5 per cent) are categorized as such. Industry giants Encana Corporation, Imperial Oil Limited and Suncor Energy Inc. are headquartered in Calgary, as well as the energy industry’s fastest growing companies: Petrobank Energy and Resources Ltd., Nuvista Energy Ltd. and Crescent Point Energy Trust.

Calgary has emerged as Western Canada’s head office centre and Canada’s most concentrated headquarter location. Moreover, at a rate of 35.2 per cent, Calgary’s growth with respect to head offices counts second only to Edmonton among Canada’s major centres.

Fort McMurray

Fort McMurray is approximately 300 kilometres (180 miles) north from the most southern edge of the Alberta Energy Corridor and is the oilsands capital of the world. It is the top employer in the region with many available jobs in oilsands and supporting industries. Although not officially a city, “Fort Mac” is considered to be the heart of one of Canada’s major oil production hub. With a diverse and multicultural community, Fort McMurray attracts people from all corners of Canada and the world.

The tremendous growth of Fort McMurray brought on by the oilsands industry has continued to spread to the other supporting industries: drilling rig services, forest protection services, sawmills and refineries. Once a footnote in the story of world oil production, Canada’s oilsands are part of the solution to declining conventional oil reserves elsewhere in the world. Canada has more than 170 billion barrels of oil recoverable with today’s technology, making it second only to Saudi Arabia as an oil resource country.

There are an estimated 2.5 trillion barrels of bitumen in the Canadian resources, which makes it possible to produce 2.5 million barrels of oil per day for over 200 years. In recent years, however, there has been a push to accelerate production from the oilsands, and this could quintuple current output levels. Considerable science and technology efforts are being employed in the region to address the environmental consequences and greenhouse gas effects of oilsands practices, opening another new area of business expansion in the region.

A short 1 ½ hour drive from the Alberta Energy Corridor is Edmonton, capital of the province of Alberta. A vibrant urban centre, Edmonton offers world-class entertainment and events: sports, arts and culture, concerts, shopping. From the Edmonton Oilers of the National Hockey League (NHL) to Edmonton Eskimos of the Canadian Football League (CFL), to West Edmonton Mall and the myriad of 30-plus festivals throughout the city from spring to fall – Edmonton has it all: The Fringe, the internationally renowned Folk Fest and the International Street Performers Festival. Known affectionately as Canada’s “Festival City,” Edmonton is live all year; you’ll encounter theatre in the streets, music in the parks, art in public squares and everything in between.

In recent years, Edmonton was recognized as the 11th top concert venue in the world. The city’s principal entertainment venue, Rexall Place, is host to numerous events and concerts: Lady Gaga, Aerosmith, Black Eyed Peas, Cirque Du Soleil, Aerosmith, Meat Loaf, Rolling Stones, the Eagles, Neil Young, ZZ Top, AC/DC, Joe Cocker, Van Morrison, Moody Blues, Willie Nelson, George Strait, Keith Urban – the list is long and impressive. The Canadian Finals Rodeo event and the Canadian Country Music Awards are held here annually as well.

Edmonton’s West Edmonton Mall (WEM) is North America’s largest shopping and entertainment centre and is home to a staggering 800 stores and services, more than 100 eating establishments and nine thrilling parks and attractions! Known around the world for its unrivalled combination of shopping, dining and entertainment, WEM stands at 5.3 million square feet and spans the equivalent of 48 city blocks. This amazing structure is the home of world-class attractions like Galaxyland Amusement Park, World Waterpark, Sea Lions’ Rock and the Ice Palace. Visitors can dine on Bourbon Street, bowl, play billiards or mini-golf, catch a movie, enjoy dinner theatre or standup comedy, play at a Vegas-style casino or dance the night away at a popular nightclub. There’s something for everyone, including 500 high-profile events throughout the year – and it’s all under one roof. Fantasyland Hotel, located right inside WEM, is famous for its luxury theme rooms and top-notch service.

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