RENEWABLE
T E C H N O L O G I E S
About the M.D. of Bonnyville 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. 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 Municipal District of Bonnyville has supported the Energy sector. Oil and gas is a crucial component of the M.D. economy. A significant portion of the M.D. labour force is connected to the energy sector. The M.D. is working towards diversifying the local economy, and has identified the renewable technologies sector as an opportunity for diversification. A future with renewable technologies represents change and new and increased resource development, jobs, and increased long-term revenue for the M.D. The M.D. of Bonnyville trade area 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, supported by natural resources.
Workforce The M.D.’s workforce of those over the age of 15 is approximately 10,000 with a participation rate of 68 per cent.
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