Economic development – growing the local economy
By Mayor Pat Fule Town of Strathmore
A strong local economy doesn’t happen by chance – it’s built by a community that welcomes investment, supports businesses, and plans ahead. Strathmore’s economy is growing, and that’s good news for everyone. When businesses succeed, they create jobs, bring in customers for local shops, and help keep life in town affordable by strengthening the tax base. That means well-maintained roads, great recreational spaces, and the essential services residents rely on, supported by a growing and diverse tax base.
Strathmore is seeing real momentum. In 2024 alone, $27 million in building value was added to the community, with 37 new industrial, commercial, and institutional permits issued. That’s a sign of confidence – businesses see Strathmore as a great place to set up shop, and families see it as a great place to call home. With 1,446 active business licenses, local businesses are growing, offering more jobs and services for residents.
But smart economic growth isn’t just about adding new businesses – it’s about making sure development is planned, sustainable, and benefits the entire community. That’s why Strathmore is working with regional partners to coordinate growth in a way that makes sense for everyone. The Intermunicipal Collaboration Framework and Intermunicipal Development Plan with Wheatland County help ensure well-managed growth and development strengthens the region.
Strathmore’s approach to economic development is adaptable and strives to support the community through uncertainty. By investing in responsible growth, ensuring infrastructure keeps up with demand, and working with regional partners, the town is building an economy that can adapt to challenges while continuing to support residents. Smart planning today helps ensure that Strathmore remains resilient and well-positioned for whatever lies ahead.
Major investments in the region are also shaping Strathmore’s future. De Havilland’s new aircraft manufacturing facility and Phyto Organix’s pulse protein facility will bring long-term economic benefits to the area.
These projects not only create jobs but also attract skilled workers, spur additional investment, and boost local businesses.
Strathmore has also been recognized for its efforts. The town recently earned two Economic Developers Alberta Awards of Excellence – one for regional collaboration in recognition of the Lead by Example Powwow, and another naming Angela Groeneveld, Senior Manager of Economic Development, as Economic Developer of the Year. These awards highlight the dedication and hard work being done to support growth and opportunity in Strathmore.
Looking ahead, council is taking steps to make sure growth remains responsible and balanced. In 2025, the Municipal Development Plan will be finalized to help shape future land use and community planning. As the town expands, the focus remains on ensuring new developments add value and contribute to a thriving, connected community.
Strathmore’s economy is moving in the right direction, and with careful planning, we can keep that momentum going. By supporting businesses, working with regional partners, and making smart decisions about growth, we’re building a strong foundation for the future. A thriving economy means a resilient, connected, and prosperous Strathmore, where families, businesses, and the community can grow together.
(At the beginning of each term, council sets the course for the future by adopting a Strategic Plan – a guiding blueprint that charts priorities and directs resources. This plan outlines six key strategic priorities that influence decision-making throughout the term. In the coming weeks, Mayor Pat Fule will provide insights into each of Strathmore’s strategic priorities, reflecting on both achievements and challenges along the way.)