Economic Indicators

Economic Indicators

  • Average Household Income (Canada Census 2016): $105,632  
  • Average Home Price (2020):  $249,588
  • Average Lease Rate (2020):
    • Retail:                $12 - $14/sqft
    • Industrial:          $10 - $12/sqft 
    • Office:                 $8 - $10/sqft 
  • Business Tax: N/A
  • # of New Business Licenses (2020):  61
  • # of New Development Permits (2020): 99
  • Lowest Tier Business License Fee (2020): $140
  • Property Tax for Business (Mill Rate) (2020): 13.0399 
  • Wait Time for Development Permits: 40 days (as per the Act).  However the Town of Slave Lake Planning & Development Department typically issues development permits in 21 days or less.  

Largest Employers within Municipal Boundaries

Aspen Regional Healthcare Centre and the Town of Slave Lake. 

Transportation

  • Transport Canada Certified Airport 
  • Helicopter Companies
  • Industrial Rail Service
  • Major Highways #2 and #88

 Weekly Economic Review (July 16th 2021)


Alberta Economy - Indicators at a Glance (July 16th 2021)


Alberta Economic Trends May 2021