Why Invest in Grande Prairie?
Grande Prairie’s vibrant economy has developed with years of steady growth. The City is in an enviable economic position with high wages and disposable income, a local real estate market that remains affordable and plenty of opportunity for growth and diversification.
Strong resource markets in agriculture, forestry and oil and gas are the foundation of the strong economy where many energetic, business minded people are capitalizing on a business climate like no other. Grande Prairie is a place that embraces entrepreneurship, innovation and new ideas. Come share yours here.
Within the Economic Profile, you will find information on
- Location and Distance to Markets
- Demographics, Labour Force and Housing
- Education, Innovation & Opportunity
- Business Costs, Taxation and Incentives
- Development, Transportation, Utilities
- Information on Shopping, Parks, Culture and Health Care
- Sector profiles on Agriculture, Forestry, Oil & Gas, Retail and Tourism
Grande Prairie is the youngest city in Canada and one of the fastest growing in North America. With more Grande Prairie residents preparing for kindergarten than getting set for retirement, the median age of our community of 68,556 is a youthful 30.3. Grande Prairie is a place to do business. With a spirit for innovation and entrepreneurship, we can tell you with confidence that Grande Prairie is a great place to invest, raise a family, and realize your dreams.
History of Grande Prairie
Birth of the Swan City
Soon after the City of Grande Prairie received it’s charter in 1958, it was declared the “Home of the Trumpeter Swan”. In 1926, a visiting representative of the Canadian Wildlife Service discovered that the swans were nesting in the Grande Prairie area.
Since then, a combination of protective legislation, good wildlife management and co-operation between Canada and the United States has rescued the swan from the endangered list.
The Original City Hall
The original City Hall was shared between the City’s Welfare Officer and the Peace Region Planning Commission. Council consisted of a mayor elected for a two-year term and six alderman. The building was destroyed by fire in February 1961 and soon replaced by a newer facility on June 6, 1962.
The Daily Newspaper
The Daily-Herald Tribune began production on April 6, 1964. It had been formerly known as the Grande Prairie Herald since 1913. The Herald amalgamated with it’s rival, the Northern Tribune after a fire in 1939 to create the Grande Prairie Herald-Tribune.
Hub of the Peace
Since gaining the status of cityhood, Grande Prairie had been steadily developing as the major service centre in the Peace River country.
For over 15 years its economy had grown at twice the national average and the population had more than doubled between 1958 and 1975.
Discovery of the Elmworth Deep Basin Gas Field
When the discovery of the Elmworth Deep Basin Gas Field was announced in late 1977, Grande Prairie’s already strong economy accelerated to “boom” status. Rents skyrocketed and a housing crisis fell upon the city in the fall of 1979. Construction increased dramatically as well as housing costs. The “boom” status lasted for about 5 years before the crash in 1981.
A second boom in 2006 – 2007 attracted thousands of new residents to Grande Prairie in a very short period of time. The City moved quickly to adapt and mitigate issues presented by sudden rapid growth.
Since then, Grande Prairie has experienced steady growth and strives to be a leader in innovation and resourcefulness. Major Initiatives such as the Community Knowledge Campus and the Eastlink Centre are shining examples of the City’s ongoing dedication to leading the way into the future.
Culture and Heritage Department