Economic Development in Wetaskiwin

Welcome to Wetaskiwin Economic Development Department!

In Wetaskiwin, it's easier to connect with policy makers who are open to ideas that enhance our city, and who are motivated to support your growth.  Be assured our resilient economy ensures we are open for and to business.

Economic success and prosperity--especially for our local businesses--is a top priority. As such, we have moved away from the traditional Economic Development approach and are prioritizing grassroots development to revitalize the community. We are focusing on small businesses, entrepreneurs, local events, and fostering a sense of City pride and belonging.

Advantages of Investing in Wetaskiwin

If you’re looking to invest in Wetaskiwin, you’re not alone! Over 700 businesses are proud to call Wetaskiwin home, and our proximity to road, rail, and air transportation routes is second to none.

Wetaskiwin is open for business!

If you have any ideas for a new business or City event, would like to talk about your business expansion, relocation or investment in the City of Wetaskiwin, please contact Candace Coughlan at ecdev@wetaskiwin.ca or call 780-335-7410

Economic Development Toolbox

  • Trading Area (2014 Census)
    Primary Trading Area Population: 50,264
    Secondary Trading Area Population: 93,637
  • Labour Force
    A regional skilled workforce of 7500 people
  • Commercial Lease Pricing
    $10 - $15 per sq. ft.
  • Taxes (Mill Rates)
    Non-Residential: 19.1748
    Residential: 9.6101
  • Population (2016 Census)
    12,655 people
  • House Prices
    $250,000 average price for 3-bedroom home
  • Commercial Tax Incentive Program
Downtown Wetaskiwin 04

NEW Non-Residential Property Tax Incentives (including new industrial and commercial developments and expansions in Wetaskiwin)

Wetaskiwin City Council repealed Bylaw 1969-20 and passed the replacement Tax Incentive Bylaw 1970-20 at their regular September 28, 2020 meeting. This new bylaw widens the scope of the non-residential property tax incentive to include large scale commercial developments and provides further clarification on the implementation of the Bylaw.

Bylaw 1970-20 gives provision for incentives for the municipal portion of non-residential property taxes for both industrial developments and expansions, as well as new commercial developments on a sliding scale over a three year period. The new bylaw is designed to attract growth, encourage development, and bring new investment to the City of Wetaskiwin.

Read the full Press Release HERE.