Fort McMurray is an astonishing marketplace, located 435 kilometers northeast of Edmonton, Alberta, and is serviced by a major highway, rail, and major airlines several times daily. Not only does it have the highest median income in the province of Alberta, but it’s growing at a mind boggling rate.

Fort McMurray’s economy is fueled by oil. Plain and simple. Big industry has announced $86 billion in new investment in Fort McMurray and the Athabasca Oil Sands development. There is over 3 trillion barrels of oil in the ground, and over 315 billion barrels of that are recoverable using today’s technologies. That’s more oil than the 260 billion barrels known to exist in Saudi Arabia. From this fact alone you can get an indication of how important this area is on a global scale, and why it’s economy is getting superheated.

Peter Pond Shopping Centrre is Northeastern Alberta’s regional mall, small in size, but not in stature, this two (2) level centre is anchored by Zellers, has several national apparel chains, as well as some outstanding independent retailers making it their home. The shopping centre is located in the central business district of Fort McMurray.