Wood Buffalo Economic Development

Business Friendly

Business friendly


Business in Wood Buffalo is driven more by community than competition. The opportunity is so great, and the needs so many and varied, that co-operation is called for to keep up with the demand for products and services. Invest here and you’ll find all kinds of support for your commitment. You’ll be in the company of open minds and a “get it done” attitude. You’ll also find that opportunity comes at a cost and sometimes a high one when it comes to securing the best location for your business and the right people to represent and run it for you.You’ll fast-track your goals by finding solid solutions to new problems and overcoming fresh challenges to open new doors to success.

  • A key to a more diversified workforce lies in creating more diversified employment opportunities. It is projected that over the next two decades, the number of non-oil sands jobs will increase from just over 25,000 to nearly 80,000 or close to 50% of total employment. Wood Buffalo offers great promise to those who are prepared to play a part in diversifying the business base to create opportunities as well as take advantage of them.
  • Wood Buffalo stakeholders are well aware of the obstacles facing new business and investment and are being aggressive in addressing them. Initiatives including the City Centre Redevelopment Plan will see the creation of a downtown community comprised of office buildings in a rich cultural context with shopping, dining and entertainment together with multi-family urban development.
  • Wood Buffalo is undersupplied when it comes to the number of business required to meet the rapidly increasing need for products and services. Plans are in place and efforts are being made to open up more commercial and industrial land and create more infrastructure to accommodate new growth and expansion. A highly evolved and long-term Municipal Development Plan is in place and underway. The strategic steps it outlines are bringing area stakeholders together around a single vision and with a clear commitment to co-operative effort.