We’re looking for champions!
The M.D. has an ambassador program!
We’re looking for champions in the community with current or previous business ties and individuals from the community to promote and represent the M.D. of Bonnyville as a place to live, work, and invest.
Get on board! If you have a positive attitude, accountability, respect, integrity, compassion, and the availability to attend functions and events promoting the M.D., contact ecdev@md.bonnyville.ab.ca to apply today!
Invest in the M.D. of Bonnyville
The Economic Development Team has an interactive story map on investmdbonnyville.com. This innovative story map has information on lots for sale in the five industrial parks in the M.D., links to M.D.’s Land Use Bylaw and Area Structure Plans, access to WebMap, and information on the Development Concierge Team.
MEET THE DEVELOPMENT CONCIERGE TEAM
• Team Lead, Economic Development Specialist – Scott Kovatch
• Director, Planning & Development – Lisa Folliott
Development Officer II – Kristy Poirier
General Manager, Infrastructure Services – Monty Doonanco
• General Manager, Environmental & Protection Services – Matt Janz
• Chief Administrative Officer – Ben Berlinguette
• Ward 6 Councillor Ben Fadeyiw (Economic Development Portfolio)
Contact the Economic Development Team for more information at ecdev@md.bonnyville.ab.ca
Enter the story map by scrolling once you are at this point:
Location
The M.D. of Bonnyville has 2,300 km of roads connecting various highways and communities. Located two hours northeast of Edmonton, it spans to the Saskatchewan border and includes the Bonnyville-Cold Lake region. The area covers over three million acres of farmland, parkland, and lakes, supported by agriculture, petroleum, and forestry industries. Highway 41, part of the Eastern Alberta Trade Corridor, runs from the U.S. border to La Corey. Current projects include the Regional Airport Impact Assessment and Industrial Gap Analysis. Air service is available at the M.D. of Bonnyville Regional Airport and bus service is provided by two private operators.
Zoom in/out of the pinned subdivision location. Gas lines and lot information can be found on each map:
Direct links are available for the M.D.’s Land Use Bylaw and Area Structure Plans:
Login as a Guest to view specific properties:
Carbon Capture Canada, Canada’s National CCUS Convention
Carbon Capture Canada highlights the leading pioneers and innovators in carbon capture and storage (CCS), serving as a pivotal platform for transformative cross-sector collaborations.
As part of the M.D. of Bonnyville’s Strategic Plan, Council’s Strategic Priority Goal 1: Building a viable and diversified regional economy, one of the action plans is to develop a strategy for business attraction.
By exhibiting at Carbon Capture Canada 2025 in Edmonton this past September, the M.D. had the opportunity to take part in the latest strategies and cutting-edge innovations to Canada’s industry leaders, innovators, and decision-makers across the CCS value chain. As the one of few municipalities to attend this convention, we made connections with many leaders and innovators in the energy sector to attract new businesses to the M.D.
Marguerite Lake Compressed Air Energy Storage has been approved in the Hamlet of La Corey. Strategically located next to the existing Marguerite Lake substation, the first phase comprises 320 MW capacity and up to 48 hours of electricity (15,360 MWh).
Its primary purpose is to store surplus electricity from the grid by compressing air and storing it in underground salt caverns created through solution mining. During periods of high electricity demand, compressed air will be released to power turbines, providing electricity to the Alberta Interconnected Electric System (AIES). This flexibility effectively addresses fluctuations in electricity demand and facilitates the integration of intermittent renewable energy sources like wind and solar into Alberta’s energy mix.
Contractor’s corner – save the date!
In May 2025, the M.D. of Bonnyville’s Economic Development Team collaborated with other regional partners to bring together local businesses and contractors with major project partners and procurement specialists for the Future Fighter Capability Project — the expansion of CFB 4 Wing Cold Lake.
The event broke down the procurement process and how to bring value to the local area with increased employment. Vital information was discussed, including how to apply for the Open Construction Source List, the bidding process for contracts, security clearance, and qualification requirements.
The team is working to coordinate another event in the new year. Watch investmdbonnyville.com for future opportunities.
Please reach out to ecdev@md.bonnyville.ab.ca for more information and to be added to our contact list.
We’re open for business!
The M.D. has a mandatory, interactive business registration program. All businesses — including homebased businesses — operating in the M.D. are required to register their business — free of charge. The business registry provides the M.D. with an accurate record of businesses within the jurisdiction.
A complete business registry supports the business visitation program which, in turn, helps the Economic Development Department identify barriers and opportunities for local businesses. It also promotes business-to-business activity in the M.D. and assists in business attraction and supply chain management.
The online business directory database is located at investmdbonnyville.com
Contact ecdev@mdbonnyville.ab.ca to register your business today!
Business Support Partners
Below, you will find links to business support agencies that provide grants, training, and more.
INVEST ALBERTA
Invest Alberta Corporation (IAC) is a leading investment attraction agency in North America, helping global investors launch or expand operations in Alberta.
Established in 2020, IAC has facilitated over $27 billion in investments and created more than 35,700 jobs across many sectors including energy, agriculture, tech, aviation, and life sciences. With a global presence and a strong entrepreneurial culture, IAC removes barriers and provides customized support to ensure long-term success. Its strategic approach and commitment to collaboration make Alberta a prime destination for international business growth and innovation.
The M.D. of Bonnyville has seen an increase in requests for information from Invest Alberta on behalf of investors in the last three months. Alberta is no longer just an energy powerhouse — it is a diversified, resilient, and innovation-driven economy. With strong government backing, a thriving startup ecosystem, and expanding global reach, Alberta is truly the next frontier for global investment.
investalberta.ca
AGRICULTURE FINANCIAL SERVICES CORPORATION afsc.ca
ALBERTA INNOVATES albertainnovates.ca
ALBERTA WOMEN ENTREPRENEURS awebusiness.com
BONNYVILLE AND DISTRICT CHAMBER OF COMMERCE bonnyvillechamber.com
BUSINESS LINK businesslink.ca
CANADIAN MANUFACTURERS & EXPORTERS (CME) cme-mec.ca
COLD LAKE REGIONAL CHAMBER OF COMMERCE coldlakechamber.ca
COMMUNITY FUTURES LAKELAND lakeland.albertacf.com
EAST CENTRAL REGIONAL INNOVATION NETWORK eastcentralrin.com
FARM CREDIT CANADA fcc-fac.ca
FUTURPRENEUR futurpreneur.ca
PRAIRIES ECONOMIC DEVELOPMENT CANADA canada.ca
TRAVEL ALBERTA industry.travelalberta.com
Please visit our website at investmdbonnyville.com for grants and funding opportunities.
Facts & Figures
October 2025 Results
12-month Small Business Confidence Index Canada, 46.3 – change -3.9
3-month Small Business Confidence Index Canada, 44.8 – change +.01
Although the Economic Outlook was less than positive, there were two bright spots:
Agriculture Sector Confidence: The agriculture sector maintained a relatively strong outlook, with its index remaining above 50, indicating optimism about future performance.
Professional Services Outlook: Professional services also showed resilience, with confidence levels above the 50 thresholds, suggesting expectations of business growth.
Inflation Indicators
These indicators remain unchanged from September, with the average price increase holding at 2.7%, and the average wage increase steady at 2.2%.
For the complete article, visit cfib-fcei.ca.
Calgary led a strong upswing in residential construction, with building permits jumping 11 per cent thanks to multi-unit projects. While non-residential permits dipped 16 per cent, institutional and industrial sectors stayed robust. Business insolvencies remained stable, and household net worth rose nationally by 1.5 per cent in Q2, driven by equity gains and slower debt growth. Alberta’s construction sector shows resilience with household finances improving, offering cautious optimism amid broader economic uncertainty.
Alberta’s economy showed steady momentum across key sectors. Employment rose 0.2 per cent monthover-month, with gains in full-time jobs and a slight drop in unemployment to 5.6 per cent. Average weekly earnings increased 3.1 per cent year-over-year, reflecting wage growth. Retail sales rebounded, up 1.3 per cent in July, driven by motor vehicles and food services. Housing starts remained strong, especially in multi-unit dwellings. Oil production dipped slightly, while natural gas prices rose. The Alberta Activity Index grew 0.5 per cent in June, signaling continued economic expansion. Overall, the province’s indicators point to stable growth, supported by consumer spending, wage gains, and resilient housing activity.
In the third quarter of 2025, just over one-fifth (20.8 per cent) of businesses changed their marketing practices over the past six months to promote Canadian products, led by businesses in retail trade (45.5 per cent), accommodation and food services (39.3 per cent) and wholesale trade (35.6 per cent). In contrast, over twothirds (69 per cent) of businesses did not change their marketing practices to promote Canadian products over the past six months.
In the third quarter of 2025, 62.2 per cent of Canadian businesses anticipate cost-related challenges, down from 65.4 per cent in Q2. Inflation remains the top concern (45.2 per cent), especially in food services and retail. Cost of inputs follows (25.4 per cent), notably in agriculture and manufacturing. Inflation is seen as the most difficult obstacle by 13.3 per cent of businesses, while wages rose 3.3 per cent year-over-year in July.
Government of Alberta Treasury Board and Finance Reports
Alberta’s Population Exceeds 5,000,000!
Alberta’s population reached 5,029,346 in Q2 2025, growing by 0.38 per cent. Growth slowed due to federal policies reducing non-permanent residents (NPRs), but Alberta led Canada in interprovincial migration for the 12th straight quarter, gaining 6,187 residents mainly from Ontario and Saskatchewan. Migration added 13,907 people and accounted for nearly 75 per cent of quarterly growth. This influx supports Alberta’s labour market, housing demand, and consumer spending. Net international migration added 7,720, and natural increase contributed 5,361. Alberta’s annual growth rate was 2.5 per cent, well above the national average. NPRs now make up 5.8 per cent of Alberta’s population, with work permit holders as the largest group.
Government of Alberta, Quarterly Population Report, Second Quarter 2025