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The Tri-Municipal Region

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

Tri-Municipal Economic Development Strategy

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