ENERGY S E C T O R
About the M.D. of Bonnyville
Workforce
One significant task f rom the Municipal District of Bonnyville’s Business and Industry Growth Strategy was to create a community profile to help attract new people and businesses to our area.
The M.D.’s workforce of those over the age of 15 is approximately 10,000 with a participation rate of 68 per cent.
What is a community profile? It is a snapshot of information, resources, and trends within the community that establishes the context for decision making specific to personal re-location or business retention, expansion, and attraction. Since the late 1940s, the M.D. has supported the Energy sector. Oil and gas are a crucial component of the M.D. economy. A significant portion of the M.D. labour force is connected to the Energy sector. Many local businesses are directly and indirectly associated with oil and gas. The M.D. of Bonnyville trade area currently exceeds 67,000 people, and the region is predicted to grow over the next decade. The average household income in the region is among the highest in the province and is supported by natural resources. The region has a considerable military presence in CFB Cold Lake and is rooted in agriculture.
Education Levels Close to eight per cent of M.D. residents have a university certificate, diploma, or degree. Approximately 18 per cent of residents have a college or non-university certificate or diploma, and over 14 per cent have apprenticeship trade certificates or diplomas.
Population Source: Statistics Canada 2021 Census
M.D. of Bonnyville -------------------------- 11,889 City of Cold Lake ---------------------------- 15,661 Lac La Biche County ------------------------ 7,673