ECONOMIC SECTORS in the Red Deer Region

 
A divers economy, innovation and
the Alberta advantage
-- clean air and water, low taxes, hot economy.
 
Established sectors include oil and gas; petrochemicals; agriculture; food and beverage processing; distribution; wholesale and retail services; and tourism. Emerging sectors include telecommunications and wireless services; biotechnology; value-added agriculture; software development; and electronics and microelectronics.
 
Oil and Gas
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, Collicutt Energy, Halliburton, Parkland Industries, Quinn Oilfied, Schlumberger, Sanjel, Northland Energy, Flint, Trican, High Arctic, Exact Industries and many more.
 
AgriBusiness
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.
 
Petrochemicals
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.
 

Manufacturing
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, Ipsco, Travelaire Trailers, Border Paving, Proform Concrete, Westridge Cabinets.

Construction
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.
 
Service
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. Convergys opened a 47,000 square foot customer service centre. McDonald's is the largest restaurant employer. Telus is the largest telecommunications employers in the region. Community Savings is one of the largest credit unions in the country. Red Deer Co-op is one of the larger retailers in the area.
 
Distribution
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.
 
Health, Education and Government
Some of the largest employers in the region are in the public sector, especially in education and healthcare. They include David Thompson Regional Health Authority, 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.


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