WELCOME TO THE MD OF GREENVIEW. ExpandYourVision.ca

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1 ECONOMIC PROFILE

2 WELCOME TO THE MD OF GREENVIEW Located in Alberta s northwest, Greenview is a vast and diverse area rich in oil and gas, fertile farmland, winding rivers, mixed wood forests, and spectacular peaks of the rockies. The M.D. of Greenview boasts a spectacular diversity in economic activities and an extraordinary range of landscape, making it very unique. Oil and gas, agriculture, forestry, and tourism form the economic foundation of a geographic area that spans more than 32,000 square kilometres. Greenview s economy is strengthened by its diversity and our vast endowment of natural resources, which have transformed into world-class industries. The opportunities for supporting businesses in transportation, information technology, communications, engineering, business, and manufacturing are tremendous. Greenview has the space to grow and a business-friendly environment. Not only do we offer incredible investment opportunities, we also take pride in our communities as a great place to live and play. With one of the lowest commercial and industrial tax rates in Alberta, Greenview has a definite competitive edge. ExpandYourVision.ca

3 POPULATION: (2016) 5.4% Greenview Population Increase from ,583 24% Alberta Population Increase Greenview Residents 7,405 Urban Residents (Towns within municipal boundary) 100,000+ Regional Population (in relation to City & County of Grande Prairie) UNEMPLOYMENT RATE: (Greenivew 2016) 5.8% Lowest unemployment rate in Alberta PROVINCIAL TAX RATE: 0% 27% Federal/Provincial Corporate Tax Most Competitive rate in North America $14,606 Per Capita Investment Alberta 2016 Over 2 times the national average of $6,579 Highest increase of any province or state in North America 5.9% Working Age Population (15-64) 39.9 Years Greenview Median Age MEDIAN HOUSEHOLD INCOME GROWTH: (Alberta 2016) $73, % Increase Highest provincial increase in Canada GREENVIEW TAX RATES: (2017) (Residential/Farmland mill rate) (Non Residential mill rate) Remains among the lowest in Alberta

4 DIVERSE COMMUNITIES ARE OUR FOUNDATION Greenview encompasses the Towns of Fox Creek, Grande Cache, and Valleyview, and has four hamlets, including Little Smoky, Ridgevalley, DeBolt, and Grovedale. The Sturgeon Lake Cree Nation, Aseniwuche Winewak Nation, and Mountain Metis are also within the municipality s borders. All our communities are important to Greenview s growth and development. VIBRANT, AFFORDABLE, and CARING COMMUNITIES SAFE Communities in Greenview each have their own unique signature, and all enjoy a family-friendly lifestyle that has made this area a desirable place to call home. Our communities are safe and diverse, and we are part of a country that enjoys political stability. AFFORDABLE Albertans generally pay less tax than people living elsewhere in Canada. With Greenview s diverse and robust economy, residents in the region often enjoy even higher family incomes than other parts of Alberta and Canada, and have more disposable income. COLLABORATIVE WITH CLEAR, LONG-TERM VISION Local residents and leaders work collaboratively at a grassroots level, as well as at the provincial and federal levels, to advocate for the needs of our region. Greenview is committed to driving economic growth, creating progressive infrastructure, providing recreational and cultural opportunities, and ensuring environmental stewardship of our natural resources. FOX CREEK offers a pro-business climate that supports innovation and development. Serving some of the biggest global players in the resource industry, the area is home to a thriving oil and gas industry, forestry and lumber industry, tourism industry, as well as a strong service sector. The Town of VALLEYVIEW is the access point to two major highways leading to Alberta s Peace Region, to Northern Canada and to the State of Alaska in the U.S. Agriculture and processing are an important aspect of the economic profile in the Valleyview area. Surrounded by the beauty and nature of the Rocky Mountains, GRANDE CACHE is nestled on a mountain plateau and surrounded by panoramic views of 21 mountain peaks and 2 river valleys. Located along Highway 40, the shortest and most scenic route to Alaska from the United States, and bordering the Willmore Wilderness Park, tourism is a significant contributor to the local economy. There are opportunities for growth in tourism, recreation, forestry, oil and gas, and the service sector. photo courtesy Town of Grande Cache

5 PROXIMITY TO MAJOR MARKETS Greenview is strategically located in Alberta, with multiple access routes linking business beyond our borders. Although Alberta is physically land-locked, the national highway and railway systems connect it to many of the country s major ports. These ports are vital links in Canada s transportation system and are essential to international trade and commerce. HIGHWAY The area is serviced by the CANAMEX Trade Corridor, a provincial highway network that runs through Greenview and links local businesses to markets in the United States and Mexico. Passenger, cargo and medical flights fly in and out of the Grande Prairie Airport Alberta s fourth largest airport connecting to destinations within Alberta s borders and beyond. Rail connects business and industry in Greenview to ports in British Columbia, in both Prince Rupert and Vancouver. RAIL Railway transportation continues to provide the most economical means of moving bulk commodities such as grain, coal, potash and petrochemicals over vast distances. Rail connects business and industry in Greenview to ports in both Prince Rupert and Vancouver, British Columbia. AIR Passenger, cargo and medical flights fly in and out of the Grande Prairie Airport Alberta s fourth largest airport connecting to destinations within Alberta s borders and beyond. Multiple flights are available daily. This busy airport not only connects people and goods, but connects the local economy to the global economy. In 2017, the Grande Prairie Airport recorded a 4.3 percent increase in passenger travel over 2016, a number that continues to rise. Small airports and heliports predominately serve industry and medical facilities with light aircraft. RESPONSIVE LOCAL GOVERNMENT The economy of Greenview is thriving. In addition, as part of our commitment to attract business and support the growth of existing businesses, Greenview is facilitating the development of large tracts of land for new industrial parks. The parks are strategically located close to resources and industry activity, with ready access to the region s transportation systems. 23.1% Increase in number of Greenview Building Permits issued ( ) 17.4% Year-over-Year Increase of value of Major Projects in Greenview 48.1% increase in the last five years INVITING PROVINCIAL RATES Alberta s low income tax rates combined with no provincial capital taxes or taxes on financial institution, no payroll taxes, no sales tax, and a publicly funded health-care system makes Alberta s tax environment very competitive. ALBERTA S GROWTH RATE Alberta has the highest average provincial economic growth rate in the nation over the past 20 years. Alberta s average annual GDP growth rate between 2005 and 2015 was an estimated 2.7 percent per year, compared with Canada s average growth of 1.7% per year. ALBERTA S HIGH LABOUR PRODUCTIVITY In 2016, Alberta s business sector had the highest labour productivity level in the country. The total value added per hour worked in Alberta exceeded the Canadian average by about 39%.

6 UNTAPPED OPPORTUNITIES With our diverse resource-rich portfolio matched with an entrepreneurial spirit, Greenview is a key driver of the Canadian economy and is attracting attention in the global marketplace. Along with a highly skilled workforce and a business-friendly environment, Greenview has set itself apart as one of the most productive regions in Canada. HUB OF ENERGY ACTIVITY Alberta is the cornerstone of Canada s oil and gas industry and Greenview has incredible potential located in the heart of it all. Energy development is the largest contributor to the province s GDP, capital investments, and exports. Our energy industry provides tremendous potential for companies with the equipment, services and technology to extract and process the region s energy resources. With available industrial land, ready access to water, and a skilled workforce, Greenview is an ideal location for oil and gas activities. In addition, thousands of miles of pipeline already transport refined oil and gas, as well as raw product to larger urban centres in Alberta and the United States. THE MONTNEY-DUVERNAY POTENTIAL Situated in the heart of the Deep Basin, Greenview is poised to become Alberta s centre of energy diversification for the future. The Montney Shale Formation is a major natural gas and liquids hydrocarbon resource, and is one of the most active resource formations being developed in Canada. Canada s National Energy Board places the Montney among the top natural gas basins in the world. Projected to produce over half of Canada s natural gas by 2040, optimism is high, with the Montney remaining top of mind with North American and global investors. The Duvernay field holds the country s largest marketable reserves of light shale oil and condensate. HOME OF THE TRI MUNICIPAL INDUSTRIAL PARTNERSHIP Greenview s Gold Creek region, 45 km south of Grande Prairie, has potential for world class development. Through regional cooperation, Greenview has partnered with the City of Grande Prairie and the County of Grande Prairie to create an area for well-planned, value added industrial facilities. This world-class heavy industrial park is an exciting project that will advance Alberta s economic success and increase the diversity of opportunities within the three regions. The development area will be shovel ready for global investors at a scale that is larger than any other project of its kind. Utilizing the Montney-Duvernay shale gas play, the industrial project will attract value-added processing in the petrochemical industry. The area is estimated to be one of the most prolific natural gas plays within North America.

7 GROWING PROSPERITY IN THE FOREST INDUSTRY Fifty-eight per cent or 38 million hectares of Alberta is forested. Greenview is part of Alberta s Peace Region, home to the province s top ranked employers in the forestry sector and second highest region for production of forest products. The Peace Country is Alberta s leading producer of pulp, paper, and panel board. FOREST PRODUCTS STATS (2016) Shipments: $5.6 billion (Provincial Record) Exports: $2.9 billion ROBUST AGRICULTURAL LANDSCAPE INCREASE IN ALBERTA EXPORTS ( ) Crops & Livestock: 64% Processed Foods: 80% Alberta has one of the world s most productive agricultural economies, with a total farm area of 50.3 million acres or 20.3 million hectares. Long summer days provide an exceptional growing season for Greenview s agricultural producers. Fed with the pure glacial waters of the Peace River watershed system, the region has unique growing advantages for a wide range of crops. Agriculture and processing are an important aspect of the economic profile of Greenview s Valleyview area. REPUTATION AMONG MULTINATIONAL CORPORATIONS Greenview offers diverse investment opportunities. The municipality receives international attention and attracts firms from beyond Canadian borders. Below are some of the large companies working within Greenview: Seven Generations Chevron Canada Limited Encana Corporation Pembina Energy Shell Canada Limited Repsol Greater Deep Basin Norbord Weyerhaeuser Canfor International Paper Jupiter Resources

8 ROOM TO DIVERSIFY EXTREME POTENTIAL IN TOURISM AND RECREATION Greenview offers an array of rivers, lakes, mountain peaks of the majestic Rocky Mountains, and prairie meadows. Untamed wilderness promises an abundance of outdoor activities. Modern, indoor recreation facilities provide sport and recreation activities year-round. Today, tourism is one of the key industries in Alberta, and with Greenview s vast potential, investment in tourism can thrive throughout the municipality. In addition, the province is committed to supporting tourism growth through providing investors with programs and services focused on facilitating the development of new and enhanced tourism experiences and destinations. GRANDE CACHE: GROVEDALE / DEBOLT: VALLEYVIEW / FOX CREEK: A mountain oasis surrounded by spectacular wilderness and Rocky Mountain peaks, white water and lakes, horseback riding, hiking, mountain biking, hunting, camping and more. In the northwest area of Greenview, here you will find a network of trails and wilderness perfect for hiking, ATVs and snowmobiles, fishing, hunting, camping and down-hill skiing. A diverse landscape makes this area ripe for agritourism, fishing, hunting, ATVs and snowmobiles, camping and much more.

9 GREEN INDUSTRIES / GEOTHERMAL Greenview is a partner in a multi-jurisdictional study led by University of Alberta researchers that has uncovered major geothermal potential along Alberta s foothills, with Greenview presenting a hotspot of potential development. Currently Greenview is committed to researching this source of clean energy and harnessing its potential to create opportunities in our region. OPPORTUNITIES WITHIN GREENVIEW FOR SUPPORTING COMPANIES Greenview s diverse industries contribute to its strong economic platform. Through alignment with our municipal partners, six dedicated industrial parks will be accessible in Greenview in 2017, with three of those in towns within our borders. With our continued growth, we see a need in additional services within the municipality, including: Transportation Communications Engineering Information Technology Business Manufacturing AREA HIGHLIGHTS... 32,984 km 2 Oil and gas, agriculture, forestry, and tourism span Greenview s massive land base. Greenview sits above Alberta s liquid-rich DEEP BASIN PLAY DAILY FLIGHTS to Canada s major centres from Alberta s 4 th largest airport, in Grande Prairie Part of the CANMEX / NORTH - SOUTH TRADE CORRIDOR Grande Prairie MD of GREENVIEW WILLMORE WILDERNESS PARK JASPER NATIONAL PARK Edmonton Grovedale Valleyview BANFF NATIONAL PARK Calgary Fox Creek Grande Cache

10 ACCELERATING INNOVATION IN ALBERTA S NORTH Greenview s Economic Development office works with business supports around the region, helping drive the innovative and entrepreneurial spirit that is at work in Greenview. GRANDE PRAIRIE REGIONAL INNOVATION NETWORK (GPRIN) works in collaboration with Alberta Innovates and GPRC Research & Innovation (GPRC R&I) to support innovators, entrepreneurs and students as they develop ideas into new marketable products and services. ALBERTA INNOVATES, a provincial corporation, drives Alberta s provincial research and innovation efforts in key areas, building on Alberta s strengths in health, environment, energy, food, forestry/fiber, and emerging technology. GPRC RESEARCH & INNOVATION (GPRC R&I) leads the development of applied research and innovation for Grande Prairie Regional College and northwest Alberta. INVEST IN ALBERTA Alberta is setting the stage for business by taking a balanced, realistic approach to ensure long-term prosperity and success. FORESTRY INNOVATION The government supports ongoing research and development focused on increasing the value of products coming from Alberta s forests. These innovative research efforts identify new ways of using forest fiber that sustains the sector s position as a leader in responsible natural resource management. POST-SECONDARY EDUCATION FACILITIES THAT ALIGN AND COOPERATE WITH INDUSTRY GRANDE PRAIRIE REGIONAL COLLEGE provides high-quality programs and instruction to students in the region. The college offers certificates, diplomas, apprenticeship trades, university transfer studies, and degree completion. GPRC has campuses in Grande Prairie and Fairview, with four additional learning centres, including one in Grande Cache. Credit Programs are offered in the areas of Liberal Arts; Science; Education; Physical Education; Nursing; Human Services; Fine Arts; Business; Technology; Academic Upgrading; Trades and Technical training; Agriculture and Environmental Sciences. The College also offers baccalaureate degrees and graduate degrees in collaboration with universities. NORTHERN LAKES COLLEGE is a Comprehensive Community Institution with several campuses, including Valleyview, offering certificate and diploma programs and degree completion opportunities. Students can take classes on-site at one of the campuses, learn by distance delivery, or participate in online classes. ALBERTA POST SECONDARY INSTITUTIONS In addition to our local postsecondary institutions, within a three-hour drive, Greenview residents can access major Canadian universities and polytechnic institutes. APPRENTICESHIP AND INDUSTRY TRAINING Alberta s apprenticeship and industry training system is second to none, training 21 percent of Canada s apprentices. YOUNG AND EDUCATED WORKFORCE ACCESS TO SKILLED LABOUR Accessing skilled labour is key to innovation and productivity. Greenview has a young, educated workforce, with twothirds of its population of working age.

11 GRANDE PRAIRIE REGIONAL HOSPITAL The Queen Elizabeth II Hospital in Grande Prairie provides the region with a range of healthcare services including a 24/7 emergency department. The new Grande Prairie Regional Hospital, currently under construction, will provide patients with specialized and complex care. As a regional referral centre, the facility will provide a range of health services to the northwest region. It will also include a state-of-the-art cancer centre with two radiation vaults, as well as an educational facility, in partnership with Grande Prairie Regional College. LOCAL MEDICAL SERVICES All three towns within Greenview s borders have community hospitals/health complexes that provide 24-hour medical services. STARS HEALTH SERVICES Greenview is serviced by STARS Air Ambulance based out of Grande Prairie. Services offered by the STARS Emergency Link Centre are utilized by the oil and gas industry, forestry, mining, and recreation within the region. Those living in rural communities, working in remote areas, and traveling on area highways can be reached via STARS in less than an hour.

12 Contact us for more information on investing in Greenview. Kevin Keller, Economic Development Officer Municipal District of Greenview Direct: Mobile: ExpandYourVision.ca