Growing Prince Albert
Discover Prince Albert: A Hub of Economic Activity
The Prince Albert region boasts a diverse and robust economic base. Centrally located where north meets south and east meets west, our city and surrounding areas serve as a vital hub for economic activity in Saskatchewan. With a dynamic mix of industries, including government, healthcare, forestry, tourism, agriculture, retail, and mining, Prince Albert is thriving with opportunities for growth and investment.
Key Economic Drivers
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Healthcare: The largest employer in Prince Albert, healthcare employs nearly 3,000 individuals, representing about 16% of the local workforce.
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Government and Administration: As a regional administrative centre for the north, Prince Albert hosts extensive local, provincial, and federal governmental operations. This includes two provincial correctional centres, youth camps, and a federal penitentiary employing 250-300 full-time staff.
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Forestry and Mining: The region benefits from rich natural resources, fostering opportunities in forestry and mining industries.
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Tourism and Retail: With its natural beauty and unique attractions, tourism thrives, while retail offers a diverse range of services and goods to the community.
A Bright Future: Over $1 Billion in New Construction
Prince Albert is making history with over $1 billion in upcoming development projects. These investments are set to transform the city, improve the quality of life for residents, and attract even more opportunities. Key projects include:
- One Sky Forest Products OSB Mill: $250 million
- Construction of the Lake Country Co-op Leisure Centre $110 million
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The Yard District development: $20 million and growing
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Second Tower & Larger ER at Victoria Hospital: $900 million
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First Nations University New Campus: $40-60 million
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Brar Construction Apartments: $30 million
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Métis Nation Office & Childcare Space: Costs to be announced
These transformative projects will bring new jobs, increase property values, and make Prince Albert an even better place to live, work, and play.
