| Canadian Forces Base/Area Support Unit Wainwright | ||
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The Canadian Forces Base/Area Support Unit Wainwright is very important to the
MD of Wainwright. CFB/ASU Wainwright trains over 6,000 troops annually and
has over 600 permanent military positions in place. Sources
have indicated that the economic impact to the area is in excess
of $40 million annually. Military presence in the area is planned
to continue to grow in the near future. Infrastructure
development impact at CFB/ASU Wainwright and surrounding area has been and will
continue to be immense in the forthcoming future. |
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| Agriculture | ||
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The agriculture industry within
the MD of Wainwright is an integral part of the success of our
area. As with much of Alberta, agriculture is a very large part
of industry within the municipal district, making up approximately
40% of our work force. Throughout the MD are numerous grain farming
and livestock operations, as well as some specialized crops and
dairy farming. |
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| Oil & Gas Production | ||
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The oil industry plays a key part in the operation of the M.D. of Wainwright. The Oil and Gas industry has been in the Wainwright area since the mid 1950’s starting with wells north of the Town of Wainwright. Some of these fields are still in production today. Over 72% of the MD of Wainwright's tax base comes from the oil and gas sector. This results in a lower tax rate due to our large assessment base, providing great benefit to all of our ratepayers. This sector also provides a huge employment opportunity for our local people as well as bringing new individuals to live in the M.D. The industry employs many on a full-time permanent basis as well as provides farmers with the opportunity to work outside their farm to subsidize their agricultural operation. |
