Economic Profile 2023

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City of Grande Prairie Economic Profile

Retail Figures

25,000 – 60,000 Tra c counts at major intersections 64,141 Population* 295,079 Trade Area Population 27,551 Private Dwellings* Grande Prairie is a vibrant, flourishing regional centre providing shopping and services for residents of Northwestern Alberta and Northeastern British Columbia.
34.0 Median Age* 115,000 s.f. Residual Retail Demand $446
Retail sales In ow from outside of Grande Prairie 3.8
s.f. Current Retail Floorspace $3.7
Total Trade Area Retail Spending Calgary $318,509 Average House Price (2021) $120,000 Median Household Income*
Million
Million
Billion
Edmonton McMurray Grande Prairie 2 16 43 63 40 *2021 Federal Census
13% 11% 12% 10% 10% 9% 10% 6% 6% 6% 6% 5% 5% 5% 5% 5% 4% 4% 5% 5% 5% 4% 4% 4% 3% 3% 3% 3% 2% 2% 2% 1% 1% 0% Mining, quarr ying, and oil and gas ex trac tion Retail trade Construc tion Health care and social assistance Educational ser vices Transpor tation and warehousing Other ser vices (except public administration) Public administration Accommodation and food ser vices Manufac turing Wholesale trade Administrative and suppor t, waste management and remediation ser vices Industr y - not applicable Finance and insurance Real estate and rental and leasing Ar ts, enter tainment and recreation Utilities Information and cultural industries Management of companies and enterprises City of Grande Prairie County of Grande Prairie & MD of Greenview Please enquire with Invest Grande Prairie for more details and investment opportunities in the City of Grande Prairie. ecdevinfo@cityofgp.com | 780-357-4969 | investgrandeprairie.com January 2023 | v1.1 Oil & Gas • Strategically positioned on two of the largest energy plays in North America - the Montney and the Duvernay • 2/3 of active rigs in Canada are operating in the Grande Prairie region Forestry • Home to Weyerhauser, Canfor, International Paper and West Fraser Timber Co. • Region produces 40% of Alberta’s pulp and 50% of timber Agriculture • Alberta’s 2nd largest crop producing region with 13.6% of Alberta’s cropland Tourism • Over 3,475 rooms for accommodations and meeting spaces • Host to 2016 Scotties Tournament of Hearts and the 2018 Alberta Summer Games, 2021 Grande Prairie BuckWild Professional Bull Riders Canada Cup Series, 2022 Pinty's Grand Slam Curling, 2024 Winter Games Industry
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