Economy

The lowdown on the Montney: Canada’s next big energy bet has same high stakes as oilsands

An aerial view of a drilling operation in the Montney.

http://www.cbc.ca/news/business/montney-natural-gas-challenges-1.3829007

Output from the Montney has doubled since 2012 and now comprises a third of Western Canada’s natural gas production. By 2040, the NEB projects it will make up more …

Future of oil, gas in Peace Country positive

Advantages

Grande Prairie is an attractive place to build and expand your business and a great place to start a career. Our distinct advantages include:

  • No provincial sales tax and low cost tax regime
  • Rich natural resources, including natural gas, natural gas liquids, oil, oil sands, lumber and agricultural land
  • Presence of major corporations such as EnCana, Husky and Canadian Natural Resources
  • Grande Prairie’s status of regional service center for a market of over 250,000
  • A diverse economic portfolio with many pillars supporting fast growth
  • Young and growing population
  • Affluent families; household discretionary income nearly double the national average

If you are considering doing business in Grande Prairie…….Read More.

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 About PREDA

What is PREDA?

PREDA is one of 12 Regional Economic Development Alliances in the province.

Peace Region Economic Development Alliance (PREDA) is a partnership of 25 municipalities, educational institutions, business groups and Community Futures working together to guide regional economic development of Alberta’s Peace Country. PREDA was incorporated as a not for profit Corporation under The Companies Act of Alberta in October 2000.

Our Mission is to continue to grow a vibrant economy that explores, promotes and facilitates new emerging opportunities, competitiveness and innovation.

Our Vision is one where the Peace Country has: planned and balanced growth; strong stewardship of its resources; and the ability to proactively manage economic change.

Read More

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