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ECONOMIC SECTORS in the Red Deer Region |
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The
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Communities of the
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Regional Map |
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The Region is known as Alberta's head office for oilfield production
services. A strong future is assured with an abundance of oil and gas
wells drilled, growing skilled workforce, competitive expertise, global
exposure and high commodity prices. Major employers include BJ Services,
Nabors, Halliburton, Parkland Industries, Quinn Oilfied, Schlumberger, Sanjel, Northland Energy, Flint, Trican, High
Arctic, Exact Industries and many more.
Agriculture production using the region's deep, black and fertile soils,
reliable surface and ground water, and favourable growing season is
complimented by a rapidly growing agribusiness industry, including food
processing and services. Major employers include Olymel, Permolex,
Nestle Purina, Sepp's, Sunterra and
Westcan Malting.
Canada's third largest petrochemical cluster is within minutes of Red
Deer, Blackfalds and Lacombe. Nova Chemicals, Dow Chemical and BP Canada
employ over 1,100 staff. Support services, pipeline and transportation
networks compliment the complex.
Food
and beverage products, metal fabrication, transportation equipment,
machinery and wood and concrete products add to the manufacturing mix in
the region. Major employers include Johns Manville, Evraz,
Border Paving, Proform Concrete, Westridge Cabinets,
Finning.
The explosive growth of several communities in the region has created a
large construction, land development and real estate industry.
Residential, commercial, industrial and public sector expansion is made
possible by a growing base of skilled trades workers.
Professional, financial, hospitality, consulting, promotional, wholesale
and retail services are all thriving in the rapidly expanding economy.
Large retailers like Canadian Tire, Sobeys, Wal-Mart, Costco, Chapters,
Future Shop, Best Buy, Sears, Leons, Save-on-Foods, Winners, Home Depot,
Staples, Zellers, Canada Safeway and several others have invested
confidently in the growing regional marketplace. McDonald's is the largest
restaurant employer. Telus is the largest telecommunications employer
in the region. Servus Savings is one of the largest credit
unions in the country. Red Deer Co-op is one of the larger retailers in
the area.
The location of the region halfway between the two major cities and
central to all the growing regions of the province, as well as
convenient to other western Canada and northwestern U.S. markets makes
the Red Deer Region a natural distribution hub. Daimler Chrysler, Red
Deer Bottling (Coca-Cola), and many retail, wholesale, service and
manufacturing businesses chose the region due to the ease of
distribution.
Some of the largest employers in the region are in the public sector,
especially in education and healthcare. They include David Thompson
Health Region, four school divisions (Chinook's Edge, Wolf
Creek, Red Deer Public and Red Deer Catholic), Red Deer College,
Michener Centre, City of Red Deer and Province of Alberta.
