Business Q+A on Face Covering Bylaw
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We invite local businesses to a Q+A about the face covering bylaw. The session will cover what is required as a business owner under the new bylaw and is an opportunity to share learnings and best practices. We will have an external HR expert, and City staff from Health and Safety, Enforcement, and Economic Development on hand to get you the answers and support you’re looking for.
For the first session, only 20 seats are available to ensure time to answer questions. If there is a high-demand we will add more sessions. We ask that only one representative from each business register to accommodate as many as possible. Click here to register.
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Land Development & P3 Opportunity
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 An Expression of Interest (EOI) is open for two parcels of City-owned land, providing unique opportunities to explore innovative funding models and partnerships with the City of Grande Prairie.
The first land development opportunity is approximately 2.5 Acres located in Grande Prairie’s vibrant City Centre, just south of Montrose Cultural Centre (South Montrose Parcel). The Expression of Interest presents a unique opportunity as the City is open to exploring options that benefit the community and align with strategic priorities. Proponents interested in this parcel of land should be familiar with the South Montrose Site Masterplan as this conceptual design has been identified as a key priority by City Council.
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A second parcel is also open for Expression of Interest (Resources Road Parcel) which is 17.83 Acres located on Resources Road between 68th Avenue and 76th Avenue. The Resources Road Parcel is zoned as Arterial Commercial (CA) and is located on a high traffic corridor which sees annual average weekday traffic of 52,846. Approximately 778 meters of land has frontage on Resources Road which supports high visibility for diverse commercial opportunities.
Brochures can be accessed here:
South Montrose Parcel
Resources Road Parcel
Click here to review the Expression of Interest.
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Applications Open for Digital Marketing Training
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The Business Resiliency Taskforce, in partnership with Community Futures and nine10 Marketing is excited to offer a SECOND ROUND of Digital Marketing Training for eligible local businesses in the region. The training sessions will be focused on empowering local businesses with knowledge and skills to develop a brand and navigate the digital realm of Websites, Social Media and Search.
For full program details and eligibility, click here.
Visit grandeprairiechamber.com/covid-19-business-resiliency/ for more details.
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Labour Market Surveys - Please Share!
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Two surveys are running until October 31 as part of a larger labour market study for our region: one for local Job Seekers and Employees and another for local Employers. We encourage you to complete the survey and share it with your colleagues as we endeavor to seek experiences and insights around local labour force strengths, challenges, gaps and opportunities for workforce skills and training, and more.
The surveys are open to all businesses, employees and job seekers in the City and County of Grande Prairie, MD of Greenview, Hythe, Beaverlodge, Sexsmith, Wembley, Fox Creek, Valleyview, Horse Lake First Nation, Sturgeon Lake Cree Nation and Grande Cache Co-ops and Enterprises.
The surveys can be access on the Chamber of Commerce website at:
https://www.grandeprairiechamber.com/labour-market-surveys/
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The average residential sale price on homes sold in the City in September was $321,909. This brought the year-to-date average to $315,069 which is consistent with the same period last year (a 1% increase). Unit sales were down 21% in September year over year and year-to-date unit sales are down 21%.
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The City saw 3 single-family and 1 multi-family housing starts in September, compared to 13 single-family and 13 multi-family starts for the same period in 2019. Overall, housing starts within the city this year are down 54.1%.
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The region as a whole saw 66 single-family starts and 15 multi-family housing starts in the third quarter of 2020, compared to 88 single-family and 37 multi-family starts in Q3 2019. Year-to-date, starts within the region are down 55.4%
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63 permits worth over $4.6 million were issued in September, down 24% in permit volume and 82% in construction value from September 2019. Overall, permit volume is down 25% to date, and construction value is down 54%.
Click on the links below for interactive maps showing where development is occurring throughout the city
Commercial l Residential l Industrial l Institutional
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The region's unemployment rate saw a decrease from 12.1% in August to 11.2% in September. Provincially, the unemployment rate decreased from 13.5% to 12.3%.
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267 drilling licenses have been issued in the Grande Prairie region so far this year, compared to 548 in 2019, a 51% decrease. Of the licenses issued to date, 84 are for oil, 176 for gas and 7 for other industry-related wells, compared to 223, 303 and 22 respectively for the same period in 2019.
Completions are down 20% so far this year, with 326 completions compared to 408 in 2019.
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544 overdimensional vehicles passed through the city in September 2020, down from the 566 vehicles recorded for September 2019. To date, the city has seen a 42% decrease in overdimensional vehicle traffic compared to 2019.
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September 2020 settled at $36.05/MWh, representing a 34% decrease from September 2019’s settle of $54.45/MWh and a 12% decrease from last month’s settle of $41.05/MWh.
After temperature adjustments, September 2020 saw a 3.5% decrease in AIL (Average Internal Load) compared with September 2019. September 9th saw the highest daily average and on-peak price settles of $62.43/MWh and $78.51/MWh, respectively. These “highs” can be accredited to low wind generation, thermal de-rates, warm autumn temperatures, and the 1201L outage which minimized import availability to only the AB-SK tie
For more details, check out TC Energy's Power Market
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Travel
With schedule changes and flight decreases the Grande Prairie Airport saw 2,334 passengers pass through its doors in June, a 93% decrease from 2019 and a 60% decrease to date in 2020.
In June, the average hotel occupancy rate in Grande Prairie was 28.4%, while the provincial average was 23.9%. The average occupancy to date for Grande Prairie is 38.9%, compared to the Alberta wide average of 29%
For additional information on the travel and tourism industry check out the Alberta Tourism Market Monitor. |
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Tuesday, November 3 | 9 AM
Business Q+A on Face Covering Bylaw
City of Grande Prairie - Economic Development
Register here
Thursday, November 5 | 11 AM
Green growth in Canada’s future
Export Development Canada
Register here
Thursday, November 5 l 2 PM
Adapting your workplace to the persistent pandemic
Dr. Bob Schulz and Kim Gould
Register here
Wednesday, November 18 | 11 AM
How Canadian companies can navigate ‘business as unusual’
Export Development Canada
Register here
Tuesday, November 24 | 9 AM
Western Canada Executive Summit
Canadian Chamber of Commerce
Register here
Wednesday, November 25 | 12 PM
How the 2020 U.S. election will impact Canada’s economy
Export Development Canada
Register here
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