Sturgeon County January 2020 Overview Todays presentation will - - PowerPoint PPT Presentation

Sturgeon County

January 2020

Overview

Today’s presentation will cover

• Intro to Ec Dev – Core Functions
• Macro Trends
• Edmonton Metro Region Context
• Sturgeon County and Economic Development
• Recent Successes
• Major Development Areas (Industrial, Residential, Commercial)
• Target Sectors
• Department Initiatives
• Contact Information
• Questions

Department Overview

Macro Trends

Economic Climate: Trade uncertainty dragging down global growth

• OECD Economic Outlook, May 2019

Trump set to hit EU with tariffs on $7.5B of goods after Airbus ruling

• Politico, October 2, 2019

Macro Trends Continued…

Canadian Trade Agreements Provide Significant Benefit!

• Canada-United States-Mexico Agreement (CUSMA)

*not yet ratified

• Canada-European Union Comprehensive Economic and

Trade Agreement (CETA)

• Comprehensive and Progressive Agreement for Trans-Pacific

Partnership (CPTPP) Gives Canadian Investors and Businesses Market Access to almost 1.5 billion people

Macro Trends Continued…

Prices for Oil (WCS) and Natural Gas (AECO) The same low commodity prices that harm most public and private sector budgets in AB… provide huge opportunities as ultra low-cost feedstock in refining and petrochemical operations.

Macro Trends Continued…

Growth in Basic Chemicals and Chemistry Industry:

Polypropylene (PP) – Added capacity due to demand increase

Source: IHS Markit

Macro Trends Continued…

Business Investment Climate CANADA: Among the top 5 agricultural products exporters in the world

• Total farm area of ~480,000 acres, Class 1 Soils throughout
• Largest average capital per farm and land in crops
• > 1 million tonnes of grain handling capacity (2020)
• Largest overall gross sales (~$230 million in 2016)
• Largest canola producer (129,000 acres)
• Second largest barley producer (48,000 acres)
• Largest poultry population (969,000 birds)
• Only county with a hog operation (20,000 head)
• Largest area growing fruit, nuts and berries (149 acres)
• Second largest area growing nursery products (447 acres)
• Home of the University of Alberta Research Farm

Sturgeon County is an Agricultural Powerhouse

Massive Opportunity for: Regional Partnerships, Value-Added Processing, Diversification & Clustering!

• Edmonton Global Consists of 15 partners in the

Edmonton Region all working together for the success of the region

• Includes Trade Development for those invested in

the region

• Home to more than 1.4 million people, generating

$105 billion in GDP, the Edmonton Metropolitan Region is Canada’s 5th largest economy

Edmonton Global Municipal Shareholders…

Partners

• Regional Municipalities
• Alberta’s Industrial Heartland
• Edmonton Global
• Investment Firms
• Local and National Developers
• CEPA, CAPP, CHOA, CN, CP, Com

Futures, ExDevCan, CIAC, NAIT, EIA

• And Many More…
• County Council
• County Departments
• Government of Alberta (multiple

ministries)

• Government of Canada (multiple

ministries and services)

• Brokerage community
• Canadian Energy Research Institute
• Banking Community
• Chambers of Commerce

Recent Wins

• Cando Rail Services – Sturgeon

Terminal

• PetroCanada – Namao
• G3 Canada – Grain Terminal
• New Hangers in Villeneuve
• Canada Kuwait Petrochemical

Corporation (Limited Partnership)

• Alberta Carbon Trunk Line
• Supply Chain Forum
• County Bounty – Culinary Cookout

and Forge and Feast Dinner

• Pembina Rail Expansion
• Heartland Waterline
• Procurement Sessions with OSME

(Feds)

• Van Brabant Services
• Total Transload Expansion
• Onec
• Volker Stevin
• Synergy Aviation Fixed wing flight

school

• Steelhouse Doggy Daycare
• Regional Mighty Business Breakfast

Bash – Regional Education Sessions

• $100M investment from TELUS

Recent Wins

Recent Wins

Sturgeon County is 2,100 km2 of land, not including CFB Edmonton Municipal Census 2019 notes 20,506 Residents; population grew 4.7% from 2011 - 2016 (Fed census) 6 Divisions / Councillors + Mayor Served by 14 Highways including: 2, 15, 28, 28A, 37, 44, 633, 642, 643, 644, 651, 779, 825, 829 Educated! 63% of residents (age 25-64) possess a post-secondary degree Affluent! Median Household Income of $121,984

Statistics and Demographics

Growth Potential

• Ample Growth Areas
• Low Barrier to Entry
• Motivated and supportive community
• Servicing available; competitive tax rates
• Highly Competitive Levy Rates
• Target of Conversion Industry, Value Added

Agriculture, Value Added Energy, Manufacturing, R&D, and many others.

Major Development Areas: Industrial

6 Industrial Areas, ~22,000 Developable Acres Alberta’s Industrial Heartland (Sturgeon County)

• $4.5B Canada Kuwa

wait t Pe Petrochemic emical al Corporat ation

• n

(CKPC) integrated PDH-PP facility. Adjacent to…

• Pe

Pembina na Redwater Fractionation Site (RFS), largest fractionation complex in Canada (210,000 bpd)

• NWR St

Sturgeon

• n Refinery, repairs on Gasifier largely

complete, Bitumen processing by end of ‘19, full ramp up in ‘20.

• Wolf Midstream

eam, Alberta Carbon Trunk Line (ACTL)

• Nutrien

en Redwater (1.9M tonnes produced annually)

• Cando Sturgeon Rail Terminal (Phase 1; 1900 cars)
• Evonik, Inter

r Pipeline ne also active…as well as significant undeveloped land holdings (Suncor, etc)

• Alberta’s Industrial Heartland Association (AIHA)

targeting an additional $30B by ’30

• Sturgeon Mayor Alanna Hnatiw, new Chair of AIHA

Major Development Areas: Industrial

Sturgeon Industrial Park (SIP)

• Almost 2,000 acres available for development
• Fully-serviced with Water/Wastewater, High/Low

Pressure Gas, Paved Roads, Rail Access

• Offsite Levies dropped ~33%, 2nd Lowest in EMR!
• Increased Connectivity: Intersection Upgrades to

Highways 15/37/825 (nearly complete), Highway 15 Bridge Twinning, Highway 825 bordering SIP

Villeneuve Airport

• Imminent Release of updated EIA Strategic Plan
• Regional Collaboration, Villeneuve Landing Network

ProNorth

• Evaluating Expansion, not part of Annexation

Negotiations

Highway 642 (West of Morinville)

• Heritage Industrial Park, G3 Canada and Westmor

Grain Terminals

• 1 million tonnes/annum grain handling capacity

Major Development Areas: Residential

Sturgeon Valley

• Established community of over 3,500 residents
• Fall 2018, Sturgeon Valley Special Study Area

proposal jointly developed by Sturgeon County, the City of Edmonton and the City of St. Albert.

• Allows for special graduated transition densities to

accommodate full development and a transit centre

• March 2019, received Provincial approval to guide

planning of future Sturgeon Valley development.

• Growth Plan and Fiscal Impact Analysis (2019);

Area Structure Plan (2020)

Minimum Densities

B1: 20 du/ha B2: 35 du/ha (overall minimum, Area B) Proposed Transit Centre: Between 42 du/ha and 125 du/ha (also Area B)

Major Development Areas: Commercial

2019 / 2020 Commercial Development Analysis

• MXD Development Strategists and WSP Canada

retained to perform study

• Appropriate Areas, Types & Timelines for

Commercial Development across the entire County

• Segmentation of County into Zones, Ranking of Best

Opportunities in each

• Accounts for Regional and Internal Considerations,

Major Thoroughfares, Traffic/Commuter Patterns, Infrastructure & Servicing Costs

• Largely focused on Amenities, Retail, Flex, Light

Industrial, Highway Commercial, etc

Major Development Areas: Commercial

2019/2020 Commercial Development Analysis

• Recently Completed Internal & External Stakeholder

Sessions (Local Developer & Broker Participation)

Completed as a part of the Analysis

• Liaise with Major Institutional Stakeholders (EIA &

DND/CFB Edmonton)

• Refine and Finalize Real Estate Market Analysis
• SWOT Analysis for all Development Districts
• Evaluation of Priority Sites and Recommended Mix
• Identify Gaps and Recommendations for

Infrastructure & Services to Unlock Priority Sites

• Planning & Policy Recommendations
• Investment Thesis
• Action & Implementation Plan
• January 2020 Completion

Sturgeon County Economic Development

Target Sectors

• Aerospace Component Manufacturing
• Agricultural Malting, Milling, Crushing & De-

Hulling

• Cold Storage & Transport
• Contract Packaging & Co-Packing
• Conversion Industry & Plastics Manufacturing
• Food Processing
• Fruit & Vegetable Production / Processing
• Hemp Decortication & Hemp-Based

Manufacturing

• Pulse Fractionation
• Transportation & Logistics

Sturgeon County Economic Development

Current / future Initiatives

• Commercial Development Analysis
• Foreign Direct Investment, Phase 2
• Divisional Competitiveness Review
• Edmonton Global Investment Activities
• Alberta’s Industrial Heartland Association (AIHA)
• Bill 7, 29 analysis
• CFB Edmonton Stakeholder Relations
• Tri-County Agribusiness Initiative
• Industry & Business Visits
• Events! Small Business Week: Mighty Business

Breakfast Bash, Industrial Park Business Mixers, Culinary Cookout (Award Winning), Supply Chain / Procurement Forums

Sturgeon County Economic Development

Current / Future Initiatives

• AFN – future potential joint activity
• Targeted Leads list
• Investment inquires
• Fam Tour – Ed Global, Brokers, Investors
• Agricultural industry engagement
• Export Dev Canada – play based approach
• Regional Supply Chain event (Ft. Sask, Strathcona,

Sturgeon) target – Mar 2020

• Support to Economic Development Advisory Board
• Diversification project and partner projects

Sturgeon County Economic Development

Key Messages

Competitive. Regional. Timely.

Start, Grow & Thrive…in Sturgeon County!

Stay connected through our website, e-newsletter and online business directory Available at startinsturgeon.ca Please contact Sturgeon County Economic Development for additional information such as custom mapping, site selection information and local corporate connections!

Tyler Westover Manager, Economic Development twestover@sturgeoncounty.ca 780-939-8358 Michael Richard Senior Business Development Specialist mrichard@sturgeoncounty.ca 780-939-8356 Leanne McBean Business Development Specialist lmcbean@sturgeoncounty.ca 780-939-8296 Amy Oshanyk Coordinator aoshanyk@sturgeoncounty.ca 780-939-8367

Start, Grow & Thrive…in Sturgeon County!

Contact Information

Questions?