Free instructional virtual workshops
The Grande Prairie & District Chamber of Commerce and the City of Grande Prairie have partnered to deliver highly tailored instructional workshops to support current business needs in a virtual series called Serving Up Knowledge.
The goal of each session is to cover a specific topic in detail which will allow businesses to leave with a skillset or ability to action the content covered. The next sessions are:
Facebook Newsfeed Optimization - February 25- Today at 3pm!
Food Photography 101 - March 4
Top 10 HR Policies You Need - March 11
Businesses are invited to send suggestions for consideration in the development of future sessions by emailing ecdevinfo@cityofgp.com.
Please see the events section below to register, or visit the Chamber’s event calendar at business.grandeprairiechamber.com/calendar.
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Arc Resources, Seven Generations announce strategic combination
Arc Resources Ltd. and Seven Generations Energy Ltd. announced a 'strategic combination' of the two Montney producers earlier this month. The combined company will become Canada’s largest condensate producer, third-largest natural gas producer, and sixth-largest upstream energy company. with annual production hitting 340,000 barrels of oil equivalent per day across 1.1 million acres of land. The companies said they see potential for $110 million in annual cost savings by next year. The combined company will retain Arc's name and will be headquartered in Calgary.
Read more...
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Keynote speaker announced for Women of Influence Awards
We are pleased to announce Kari Speaker Smith as the keynote speaker for this year’s Women of Influence Awards, being held virtually.
Kari Speaker Smith, CPA, CA, CFP, FEA is a partner of the locally-owned CPA firm Fletcher Mudryk LLP where she has been providing expertise to local business owners, entrepreneurs and farm families for over 25 years.
The Women of Influence Awards recognize local women who have made a strong impact by promoting equality, providing opportunities for women in the community and breaking barriers in their field.
Learn more about Kari and register to attend the free, virtual event Friday, March 5 from 12:00 p.m. – 1:00 p.m at cityofgp.com/womenofinfluence.
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Trade Accelerator Program (TAP)
Prepare your business to reach its global potential with the Edmonton Trade Accelerator Program (TAP). TAP provides small to medium-sized enterprises access to industry experts to develop and execute a personalized market-entry export plan.
To learn more about the program or to register your business for the upcoming Grande Prairie session beginning March 30, please click here.
Community Partners- Chamber of Commerce Grande Prairie & District, The City of Grande Prairie, County of Grande Prairie No.1 and MD of Greenview.
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Love Alberta Forests campaign shares pride of forest industry
Forestry is an integral part of the Grande Prairie economy and community, and it’s evident when you take a walk through Muskoseepi and smell the sweet scent of fresh cut lumber drifting over from Canfor.
Approximately 40,000 Albertans are employed in the forest industry and over 70 Alberta communities benefit economically. Here in Grande Prairie, we are home to four major operators that employ nearly 1,500 people in the region.
To highlight the importance of the industry, we want to share the Love Alberta Forest campaign from Alberta Forest Products Association. The campaign focuses on the positive impact of forests on our environment and culture, and what the industry does to ensure forest health and maintain the renewable resource for generations to come.
Visit loveabforests.com/ to learn more about our forests and the industry.
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The average residential sale price on homes sold in the City in January was $293,779, up 3% from the same period last year. Unit sales were up 2% over last year with 64 sales in the first month of 2021.
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The City saw 4 single-family and 2 multi-family housing starts in January, compared to 2 single-family and no multi-family starts for the same period in 2020. Overall, housing starts within the city are up 200% to-date compared to 2020.
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52 building permits worth over $7.1 million were issued in January 2021, compared to 56 permits worth over $6 million in January 2020. The increase in value is largely attributed to a new heating/cooling system being installed at the Eastlink Centre.
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 an increase from 9.7% in December to 9.9% in January. Provincially, the unemployment rate increased from 10.2% to 10.6%.
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93 Drilling Licenses have been issued in the Grande Prairie region so far this year, compared to 64 in 2020, an increase of 45%. Of the licenses issued to date, 14 are for oil, 79 for gas and 0 for other industry-related wells, compared to 34, 27 and 3 respectively for the same period in 2020.
Completions were in line with 2020 activity, with 89 completions compared to 89 for 2020.
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536 overdimensional vehicles passed through the city in January 2021, down from the 711 vehicles recorded for January 2020. To date, the city has seen a 25% decrease in overdimensional vehicle traffic compared to 2020.
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January 2021 settled at $72.89/MWh, representing a 40% decrease from January 2020’s settle of $120.67/MWh and a 90% increase from last month’s settle of $38.44/MWh.
After temperature adjustments, January 2021 saw a 0.8% decrease in AIL (Average Internal Load) compared to January 2020. Despite a decline of 82MWs, this should be viewed as a significant recovery since the Pandemic began, where load destruction saw a high of 6.69% (607 MWs) in May 2020.
For more details, check out TC Energy's Power Market
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Travel
With ongoing flight reductions, the Grande Prairie Airport saw 125,017 passengers pass through its doors in 2020, compared to 422,859 in 20219, a 70% decrease.
The average hotel occupancy rate in Grande Prairie finished off at 36.2% for 2020, while the provincial average was 30.7%.
For additional information on the travel and tourism industry check out the Alberta Tourism Market Monitor. |
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Events
The Comfort Zone Misconception
Hosted by: Nicole Medeiros - ATB Financial-Northview
Thursday, February 25 l 2:00PM-3:00PM
Register here
Serving Up Knowledge Series: Facebook Newsfeed Optimization
Hosted by: Marissa Trarback- nine10
Thursday, February 25 l 3:00PM-4:00PM
Register here
Getting Started, Fostering Innovation in Northern Alberta
Hosted by: Craig Elias- Bow Valley College
Friday, February 26 l 12:00-1:00PM
Register here
Serving Up Knowledge Series: Food Photography 101
Hosted by: Chris Beauchamp- Beauchamp Photography
Thursday, March 4 l 10:00AM-11:00AM
Register here
Serving Up Knowledge Series: Top Ten HR Policies You Need
Hosted by: Jennifer Caseley- Caseley Consulting
Thursday, March 11 l 10:00Am-11:00AM
Register here
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Franchise Opportunities
When available, new franchise opportunities will be shared here.
Mr. Lube
For more information CLICK HERE
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