Located in the heart of Alberta, the Tri-Municipal Region, comprising Stony Plain, Parkland County, and Spruce Grove, offers a dynamic and collaborative environment for businesses and investors.
Competitive Advantages
The Tri-Municipal Region offers several competitive advantages, including:
- Lower cost options including taxes
- A business-friendly reputation
- Good infrastructure linkages including rail, road, utilities, and telecommunications
- Home to a young and growing population with affordable living and exceptional quality of life
Population
| 2021 Population | Anticipated 2059 Population | Average Annual Growth |
|---|---|---|
| 87,000 | 158,743 | 2% |
Anticipated Employment Growth
| Current Labour Force | 2029 Labour Force | 2059 Labour Force |
|---|---|---|
| ~35,000 | ~38,288 | 58,000 |
- The occupations projected for the highest increase are in the retail, food services, and construction sectors
- The fastest-growing employment sectors in the services sector include health care and social assistance, professional, scientific, technical services and finance and insurance, accommodation and food services, and transportation warehousing
- Of the industrial sectors, transportation and warehousing and agriculture, forestry, fishing, and hunting exhibit the greatest potential for substantial employment growth