OIL AND GAS SECTOR PROFILE 2017 supportive supply chain LABOUR FORCE

The median age in Sylvan Lake sits at 34.11, well below the THE SECTOR IS SUPPORTED BY APPROXIMATELY 149 FIRMS IN RELEVANT supportive community + provincial median age of 38.11, and provides the CONSTRUCTION, MANUFACTURING, AND community with a well-skilled, educated, young work MACHINERY AND EQUIPMENT REPAIR active oil and gas sector force, calculated in 2015 at 8,724. The outlying region, an SUBSECTORS. approximate 65 km radius or 45 minute drive, provides an 159 FIRMS ALSO SUPPORT THE INDUSTRY additional labour pool from which to draw (see labour WITHIN PROFESSIONAL, SCIENTIFIC, shed map on back cover). AND TECHNICAL SERVICES FIELDS. The Town of Sylvan Lake, located in the nucleus of Service companies comprise 65 of % Sylvan Lake’s 11,641 employable individuals have a Central , is home to an active oil and gas Sylvan Lake’s oil and gas companies; noticeably higher percentage than the provincial average servicing sector, a pivotal part of its thriving however, the sector is supported by 65% of population with apprenticeships and college diplomas. When I decided to start my business industrial base. a wide range of businesses in both Education and training for the labour force is supported in 2013, Sylvan Lake was a natural choice industrial and knowledge-based LOCATION by two area institutions, and Olds for the location, since both I and my pursuits. For example, construction, Institute, where programming in the fields of science, business partner live in the community The Town of Sylvan Lake is strategically situated just manufacturing, real estate, architecture, engineering, engineering, math, and computer sciences, and more west of the QEII, ’s busiest trade corridor. computer systems, human resources consulting, Sylvan Lake is a great place to do technical programming in a range of industrial trades The town is on Highway 11, 18 kilometres west of electronics, biotechnology, environmental services, business in the oil and gas sector (e.g. crane operations, electricians, millwrights, Alberta’s third largest city, Red Deer. Sylvan Lake finance, and equipment rental and repair are all part of for many reasons. We have been able to steamfitters, or welders) are available. is centered in a prosperous region with easy form strong business alliances, rocky Sylvan Lake’s business community. access to an immediate trading area of over mountain COMMUNITY ATTRIBUTES house particularly in the manufacturing secto. 11 There’s more than enough opportunity in 313,000 people. The Town is ideally located in With a population of 14,8162, Sylvan Lake is a town that sylvan lake Sylvan Lake and area. Technology makes the middle of Canada’s most economically red deer Sylvan's great location and easy access has grown, on average, 4.5% per year since 2001. This it easy to live in a community you love to highways makes it very manageable vibrant region, with both and Edmonton calgary increase is attributable to an interest by young families in and still be part of the global market. to service the entire region. We have no less than 150km away. Highway 11 and Highway 2 the community’s beautiful waterfront parks, spring-fed KENT STORMOEN, OWNER, VERSATILE ENERGY SERVICES problem getting maintenance parts and are both major transportation arteries. Sylvan Lake’s lake, progressive school network, and access to health SUPPLY CHAIN raw materials, all from within 150 kms. close proximity to the QEII highway positions it to access care services. A thriving hub of activity that draws young The municipality has also been very a market of over 2.7 million people. CN Rail access can be Some of the oil and gas opportunities in Sylvan Lake, professionals, entrepreneurs and their families, Sylvan accommodating to us through our start developed within the town’s newly annexed industrial lands. where gaps currently exist, include: Lake is a diverse community which offers unique business up process and all along the way. The Red Deer Regional Airport, Canada’s busiest regional opportunities, year-round recreational, health and fitness •• Other heavy and civil engineering construction airport, is a short 25 minute drive away. activities, a variety of entertaining festivals and events, all •• Other chemical product manufacturing We like to keep it local, doing as which result in an environment that provides the perfect INDUSTRY CLUSTER •• Other non-m etallic mineral product manufacturing much business locally as possible. work-life balance. There are 93 oil and gas companies in Sylvan Lake, in which •• Iron and steel mills and ferro-alloy manufacturing Of course, there's always room for more! two primary business streams compose the core oil and gas •• Steel product manufacturing from purchased steel We would love to see more industry activities: •• Machine shops, turned product, and screw, nut, complementary businesses in our and bolt manufacturing •• Oil and gas extraction, or the businesses engaged in sector join us in Sylvan Lake, a good operating conventional and non-conventional oil and gas •• Other general-purpose machinery manufacturing place to start and grow a business. properties (e.g. exploration, mining, production, processing) The strength of Sylvan Lake’s oil and gas industry would •• Support activities for mining and oil and gas extraction, DARRELL LINDSTRAND, CHARGER PUMPING SOLUTIONS be further enhanced by investment in these areas. including contract services like drilling, well foundation construction, chemical treatment, surveying, bailing, excavation, and well construction labourers work in the oil and gas field and

2 | SYLVAN LAKE OIL AND GAS SECTOR PROFILE 2016/2017 985 account for 15% of the total labour forces. 1 2015 MUNICIPAL CENSUS © OIL AND GAS SECTOR PROFILE SYLVAN LAKE ALBERTA ALL RIGHTS RESERVED | 3 2 2016 FEDERAL CENSUS to edmonton

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11A 11 red deer benalto 11 The perfect 766 balance 2A Sylvan Lake is located in the nucleus of legend red deer 2 and is home to an active regional airport oil and gas servicing sector, a pivotal part 2 provincial highways of its thriving industrial base. 766 secondary highway innisfail

cn railway Contact Amanda Mercer, to calgary Economic Development Officer at Sylvan Lake for a guided familiarization tour of the Town or visit sylvanlake.ca

Amanda will be happy to help with any business startup and relocation information.

Amanda Mercer Economic Development Officer (EDO) Tel: 1 403 887 1185 Ext 226 Email: [email protected]

5012 48 Avenue Sylvan Lake, AB, Canada T4S 1G6

© Town of Sylvan Lake 2017