About the Alberta HUB Region

Labour Force Alberta HUBThe Alberta HUB Region encompasses...

The Alberta HUB Region encompasses 40,872 square kilometers and is approximately 6.4% of the area of the province of Alberta. Located in central northeast Alberta it hugs the Saskatchewan border from the town of Vermilion in the southeast and Cold Lake in the north, running west along the Yellowhead Highway to Edmonton, encompassing Lamont County in the west, and extending to Lac La Biche County in the north.
 

 

Alberta Competitiveness

The Alberta HUB Region is located in the Province of Alberta, known for its competitiveness. Some of the advantages enjoyed by Albertans include:
 
◦ The lowest overall taxes in Canada.
◦ The highest disposable incomes in Canada.
◦ The lowest unemployment rate in Canada.
◦ The first province in Canada to be debt-free.
◦ The highest investment per capita in Canada.
◦ The highest economic growth rate among Canadian provinces.
◦ The second largest petroleum reserves in the world.
◦ The Canadian leader in small business growth.

Alberta HUB Regional Labour Force Snapshot

◦ Labour force participation rates in Alberta and the Alberta HUB Region are among the highest in Canada
◦ The Alberta HUB Region's unemployment rates have been stable in the past 5 years staying in a band of 3.6 to 5.0%. This compares to Alberta unemployment figures which have nearly doubled from 3.4% in 2006 to 6.6% in May 2009.
◦ The Energy sector is the largest and fastest growing industry in the Alberta HUB Region. Employment in Energy industry has grown 87% between 2002 and 2007.
◦ The Cold Lake area attracts a large skilled labour force that for almost 25 years has been involved in the aerospace sector.
◦ Population growth averages are lower for Canada than Alberta over the 2001-2009 period. Population growth in rural areas of the Alberta HUB Region are very low (2.8% during the 2001-2009 period) compared to growth in its urban areas (27% during the 2001-2009 period).
◦ The median age of the Alberta HUB Region residents (34.4 years) is significantly lower than Canada's (39.5 years) overall but higher than Canada's in rural areas (45 years).
◦ Most population growth in the Alberta HUB Region (60%) is due to net migration and not natural population growth.
◦ First Nations and Métis people make up approximately 16% of the Alberta HUB Region's population, are significantly younger (median age of 22.7years), and are growing at twice the rate of the Alberta HUB Region's non-city municipalities.
◦ School jurisdictions overlapping the Alberta HUB Region's boundaries have approximately 3,900 students in grade 12 of which, according to Alberta averages, 60% will enter the labour force full-time upon graduation.
◦ Alberta HUB has 2 comprehensive community colleges and one specialized college with about 3,100 students enrolled and 1,288 graduates in 2008/09.
◦ Strong growth in trade training attendance in the Alberta HUB Region and across the province is positive for the Alberta HUB Region's labour supply.
◦ Lakeland College added 2 new trades programs in 2007/08 demonstrating responsiveness to local labour force needs.
◦ Portage College's reach to smaller communities is crucial in developing the labour force in these centres.
◦ Lakeland College, with campuses in Vermilion and Lloydminster. The Vermilion campus has one of the largest college-operated farms in Canada. The FIRE ETC. Emergency Training Centre, located at the Vermilion campus, is Canada's most comprehensive emergency training organization.

Alberta HUB Regional Snapshot

◦ An established and growing Aerospace & Defense industry. Cold Lake's Air Weapons Range is a world class training ground for military aircraft and is used by a number of allied countries.
◦ One of the largest in-situ oil sands operations in Canada and a premier in-situ project near Cold Lake.
◦ The Husky Lloydminster Upgrader which converts heavy oil from northeastern Alberta, western Saskatchewan, and bitumen from the Cold Lake area to synthetic oil.
◦ A strong agricultural sector that produces 15% of the province's oats, 12% of the province's canola along with other mixed grains.
◦ One of the country's largest cattle feedlots along with Alberta's first and only organic-fruit cottage winery are located in the Two Hills area.
◦ Lakeland College, with campuses in Vermilion and Lloydminster. The Vermilion campus has one of the largest college-operated farms in Canada. The FIRE ETC. Emergency Training Centre, located at the Vermilion campus, is Canada's most comprehensive emergency training organization.
◦ High quality transportation systems including Highway 16, a four-lane divided highway, which is part of the Yellowhead branch of the Trans- Canada Highway.
◦ Canada's oldest and one of its largest Ukrainian settlements along with one of the first permanent Lebanese settlements in Canada. The Alberta HUB also has one of the largest concentrations of French and Aboriginal settlements in Alberta. Four of Alberta's eight Métis Settlements are in the Alberta HUB Region.
◦ Over 150 lakes, sandy beaches, the beautiful North Saskatchewan River, and Western Canada's largest inland marina with over 250 berths.
◦ Canada's Largest Ecomuseum. Residents and visitors are encouraged to experience the history, culture, landscape, and natural recreation areas in this "living" outdoor museum.

 

Demographics Snapshot for Alberta HUB

Demographics Snapshot

There is a significant, growing population in the Alberta HUB region. Excellent employment opportunities and a great quality of life are key contributors to our growing work force.

  • The Alberta HUB Region's population is strong and stable. With a population of over 127,800, the Region accounts for about 3.2% of the province's population.
  • There are over 5,200 businesses in the region.
  • Between 2001 and 2006, the Alberta HUB Region grew at a rate of 5.1%.
  • More than 55% of the available workforce is between the ages of 20 and 64 years.
  • The median age for the Alberta HUB Region is 34.3 compared to Alberta's median age of 35.5 and Canada's median age of 39.0

 

Projected Population of Alberta HUB Region

 

Change

Five Year Projection

 

2001

2009

(+/-) %

2010

2011

2012

2013

2014

Total

115,382

125,686

8.93%

126,886

128,098

129,321

130,556

131,803

Population by age groups:

Under 15

28,285

28,487

0.71%

28,552

28,615

28,676

28,735

28,792

15-24

16,198

17,512

8.11%

17,686

17,861

18,038

18,216

18,397

25-44

33,135

33,944

2.44%

34,082

34,219

34,355

34,490

34,623

45-64

23,642

30,134

27.46%

31,033

31,948

32,880

33,828

34,792

Over 64

14,122

15,609

10.53%

15,803

15,999

16,197

16,398

16,601

Median

32.6

34.4

 

34.6

34.8

35.1

35.3

35.5

% Population distribution by age groups:

Under 15

24.51%

22.67%

-7.54%

22.48%

22.29%

22.10%

21.91%

21.72%

15-24

14.04%

13.93%

-0.75%

13.92%

13.91%

13.90%

13.89%

13.88%

25-44

28.72%

27.01%

-5.96%

26.83%

26.65%

26.47%

26.29%

26.11%

45-64

20.49%

23.98%

17.01%

24.43%

24.88%

25.33%

25.79%

26.24%

Over 64

12.24%

12.42%

1.47%

12.44%

12.46%

12.48%

12.50%

12.52%

Total

100%

100%

 

100%

100%

100%

100%

100%

Source: Northeast Alberta Information HUB Ltd.: Regional Investment Intelligence Profile - 2009 population figures are estimated using AlbertaMunicipal Affairs Official Population Statistics and municipal censuses performed by Alberta HUB's communities. 2010-2014 population projectionsare derived from regional and provincial population growth trends.

 

Key Industries in the Alberta HUB Region

Industry and NAICS1 Code

Number of businesses

Construction and Utilities (22-23)

611

Mining and Oil and Gas (21)

435

Agriculture, Forestry, Fishing, Hunting (11)

327

Manufacturing (31-33)

121

Total goods producing establishments with employees

1,494

Wholesale and Retail Trade (42-45)

860

Professional, Scientific, Technical Services (54)

530

Transportation and Warehousing (48-49)

472

Finance, Insurance, Real Estate (52-53)

295

Accommodation, Food Services, Arts and Culture (71-72)

320

Health Care and Social Assistance (62)

281

Other

960

Total service producing establishments with employees

3,718

 

Source: Government of Alberta's Regional Economic Indicators for the Northeast Region, July 2009. (1): North American Industry Classification System.


 

Chairperson Message

Alberta HUB believes all successful business is built upon even more successful friendships. Our regional economic development alliance believes in the necessity of encouraging regional collaboration and building relationships that extend beyond our borders. These effective partnerships ensure our region will continue to prosper. By encouraging investment, pursuing labor force development and municipal collaboration Alberta HUB is able to build on the region’s current levels of activity and work towards enhancing the region’s already enviable quality of life. Alberta HUB strives to increase knowledge and information exchange between its 34 members and to support the individual and collective initiatives of each. Our region enjoys a diverse economy with a wide range of investment and business opportunities. I encourage you to explore our region and discover its opportunities.