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Highlights


Location, Strong Releationship, Innovation 

Purnell Energy Services LTD was founded by Nathan Purnell when he returned to Grande Prairie from Australia in 2013. Nathan used his knowledge and experience in the oil and gas industry over the years to start his company. 

His entrepreneurial drive has led to a successful company that both he and Grande Prairie can be proud of. 

 “It started with just a couple of pickup trucks and a few clients that I had developed relationships with over the previous 16 years now has grown into a reasonable size company,” Nathan said.
Visit investgrandeprairie.com to read the full story!


What makes your business
innovative or unique?


How did your business come to be?
Tell us your story by emailing ecdevinfo@cityofgp.com.
To be considered, businesses must be within Grande Prairie city limits, and have a business license. Please note: Not all submitted stories will be published.  

Northwestern Polytechnic Gets Health Boost

Northwestern Polytechnic (NWP) is celebrating Government of Alberta approval for programming enrolment expansions that will support regional health and well-being for years to come. 

Recognizing rising demand for health care professionals in Northwestern Alberta, in April the polytechnic put forward a proposal to expand capacity for NWP’s collaborative Bachelor of Science in Nursing degree, Practical Nurse diploma and Health Care Aide certificate. 

“We understand the importance of aligning our programming with regional needs both now and into the future,” says NWP President and CEO, Justin Kohlman. “By providing relevant post-secondary training opportunities locally, we can improve our collective ability to retain in-demand professionals and health entrepreneurs in our communities.” 

Read the full story here

Residential Infill Grant

A $15,000 grant per infill lot for new construction or reconstruction projects. 

The Residential Infill Grant is a short-term stimulus for new construction or reconstruction residential projects to increase the vibrancy of core neighbourhoods through infill development.  

This grant is only applicable to properties within the Residential Infill Area as identified in Policy 357.

Eligibility: 

  • New construction or reconstruction of a single detached dwelling, duplex or multi-attached dwelling within the eligible residential infill area with a minimum construction value of $200,000.   
  • No construction can be performed prior to signing a Reimbursement Agreement with the City. 
  • A maximum of two projects can be awarded to each builder.
Learn more details and apply now by visiting our website

Housing

In April 2022, 180 homes were sold in the city, up from the 136 sold in April 2021 and 56 in April 2020. The average residential sale price in April was $333,925, a 1% increase from April 2021.

Year-to-date, 553 homes have sold in the city a 18% increase from the same period last year. 

Housing Starts

Grande Prairie saw 9 single-family starts and 12 multi-family starts in April, compared to 10 single-family and 5 multi-family starts in the same month last year.

As of the end of April, the city has seen a 12.8% increase in total starts compared to the same time in 2021.

New Construction

89 building permits worth over $20.2 million were issued in April 2022, compared to 69 permits worth over $5.1 million in April 2021, a 29% increase in volume and 295% increase in value.

The increase in volume in April 2022 is due to numerous tenant improvements to current businesses, such as the new ARC Resources office building, new Honda Dealership, and a revitalization project to the Great Northern Casino.

The City’s Open Data Portal now includes building permit data. Click on the links below for interactive data showing permit details mapped out across the city.

2021 Data | 2020 Data

Employment

The region's unemployment rate saw a decrease from 5.3% in March to 4.7% in April 2022. Provincially, the unemployment rate saw a decrease from 7.1% in March to 6.7% in April.

Drilling Report

313 Drilling Licenses have been issued in the Grande Prairie region year-to-date for 2022, up 64% from the 191 Drilling Licenses for the same period in 2021. Of the licenses issued to-date in 2022, 101 were for oil, 200 for gas and 12 for other industry-related wells, compared to 46 oil, and 144 gas and 1 for other industry-related wells in 2021.

Completions were up 52%, with 335 completions year-to-date for 2022 compared to 220 for the same period last year in 2021.

Overdimensional Vehicles

491 overdimensional vehicles passed through the city in April 2022, an over 54% increase from the 283 vehicles recorded for April 2021.

Commodities

Power Update

April 2022 settled at $117.14/MWh, representing a 33% increase from April 2021’s settle of $87.99/MWh, and a 55% increase from last month’s settle of $75.38/MWh. The maximum pool price was $718.47/MWh, compared to $305.63/MWh in March

The average price between the on-peak and off-peak for April differed by $8.94/MWh, resulting in on-peak and off-peak prices of $120.12/ MWh and $111.18/MWh, respectively

For more details, check out TC Energy's Power Market.

Travel

The Grande Prairie Airport saw 13,532 passengers pass through its doors in March 2022, compared to 4,278 in 2021, an 216% increase.

The average hotel occupancy rate in Grande Prairie was 56.6% for March 2022, while the provincial average was 49.6%. Grande Prairie's occupancy rate was consistent with cities of similar size in Alberta, with Drayton Valley leading the province at 83.9% in March. 

For additional information on the travel and tourism industry check out the Alberta Tourism Market Monitor.

News

Events

Level Up Series: Audience Identification
Hosted by: Business Link
Thursday, June 2, 1:00PM-2:00PM
Register here

Branch for Arts and Culture Presents: Investing 101
Hosted by: ATB
Thursday June 2, 2:00PM-3:00PM
Register here

Branch for Arts and Culture Presents: Forecasting for Arts + Culture in Alberta
Presented by: Kim Griffin- Stone-Olafson
Thursday June 9, 2:00PM-3:00PM
Register here

Level Up Series: Story and Content
Hosted by: Business Link
Thursday, June 16, 1:00PM-2:00PM
Register here

Level Up Series: The Marketing Mix
Hosted by: Business Link
Thursday, Jun 30, 1:00PM-2:00PM
Register here

 
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Economic Development · 217 - 11330 106 Street · Grande Prairie, Alberta T8V 7X9 · Canada

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