These characteristics provide the basis upon which many opportunities are evolving for the Corridor.
- $20-billion in oil sands development
- Silica development in Peace river area
- Expanded wilderness and eco-tourism opportunities
- Connector roads and highways
- Rainbow Lake to Fort Nelson (oil, gas, tourism)
- Wentzler River to Fort Smith (access, tourism)
- Fort McKay to Fort Chipweyan (access, tourism)
- Fort McMurray to La Loche (tourism)
- Diamond exploration
The Northwest Transportation and Trade Corridor Capability Report, by highlighting these characteristics, illustrates the prominent opportunities associated with the Corridor's transportation, tourism, and industrial and economic development. Further, the report's review of the Corridor's comparative advantages, helps form the basis upon which a strategy can be prepared for the Corridor to complete effectively with southern corridors and ports. Northern Alberta's oil sands account for 21% of Canada's crude oil production and 38% of Alberta's conventional oil and gas activity. The North has 90% of Alberta's forests. Pulp and paper mills and sawmills in the region produce standard and specialty products, principally for international markets. The North produces over 40% of Canada's forage seed. Canola, peas and honey are also important crops. A diversified livestock industry includes cattle, hogs, bison and elk. Hunting, fishing, water sports, camping and eco-adventure tourism attracts people from across Canada and around the world. Key Linkages- Highway - Primary and secondary highways (Highways: 2, 16, 28, 32, 34, 35, 40, 41, 43, 49, 58, 63 and 88)
- Railway - 2 major railways - CN's east-west mainline system (Jasper-Edmonton-Wainwright) and Alberta RaiLink system (Hay River to Smith, Lynton to Boyle and Rycroft to Swan Landing)
- Airports - Regular scheduled service to Edmonton (Grande Prairie, Rainbow Lake, High Level, Peace River, Fort McMurray)
Major Industries- Oil and gas (exploration, production, pipelines)
- Forestry (logging, wood processing, pulp and paper)
- Mining (coal)
- Agriculture (cattle farms, grain and seeds)
- Tourism (parks, summer and winter activities)
- Other (manufacturing, construction, transportation)
New Opportunities- Up to $20-billion in new oilsands developments announced for northeastern Alberta
- Diamond exploration
- Silica development
- Value-added industries related to agriculture and forestry
- Improved telecommunications in remote areas
- Tourism (Aboriginal, wilderness and eco-tourism)
- Further development and use of Northwest Transportation Corridor
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