
Economic Powerhouse
Northern Alberta contains 9% of
the province’s population, and produces almost 35% of its total revenues.
- We produce 37% of Alberta’s natural gas and 52%
of Alberta’s oil
- In 2002,
we exported $2.1 billion of forest products, 75% of the province’s total
- Our agriculture exports in 2002 included $280
million of crops (19% of Alberta’s total), and $41 million of livestock (5% of
the province’s total)
- Almost
1.5 million visitors came to Northern Alberta in 2001, generating over
- $251
million in revenues.
- Our international exports in 2002 were over $16 billion, and
interprovincial exports accounted for $5.3 billion in 2001
Rich in resources
The region’s economy benefits
from our wealth of resources.
- 60% of the province’s landmass
- 83% of Alberta’s forests
- 20% of Alberta’s agricultural land
- 40% of Alberta's conventional oil and gas activity
- 100% of Canada's oil sands mining development.
Diverse, young population
Northern
Alberta is also rich in another kind of resource: our people.
- 350,000 people representing cultures from around the world, with an
average age range of 25-44
- 150 communities, spread across 380,000 km2 of forests, fields, foothills,
rivers, and lakes
- 3 cities, 24 towns, 24 First Nations communities, 8 Métis settlements,
and a multitude of hamlets and summer villages
Affordable living
The cost of living in Northern
Alberta is surprisingly agreeable.
- A higher
percentage of people here earn more than $45,000 per year than in other parts
of Alberta
- Our rates for natural gas, electric power, telephone and Internet
service are very competitive with other regions in Alberta
- One of our little known secrets is that recreational costs are often
more affordable than in Canada's cities
- There is no provincial sales tax in Alberta, and our business and
income taxes are among the lowest in the country
- Many Northern Albertans also benefit from the northern residents tax
exemptions
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