The Peace Region is home to the northernmost agricultural industry in the world, and boasts a unique combination of northern climate, fertile soil, and a watershed fed by glacial runoff. The region has long been renowned for its crop production, from the vibrantly yellow fields of canola, award winning wheat, to the more unique Haskap berry orchards producing ice ciders and cold climate wines.

Retail spending in Alberta rose significantly between May 2021 and May 2022 to $7.9 billion (an increase of 7.1%). The County of Grande Prairie is the central commercial hub for the Peace Region, with a total trade area of 300,000+ residents within a 200km radius. Grande Prairie serves the County as a lucrative market for local and multinational retailers. This includes those that are not frequently located in similarly sized cities.

As a central hub of Alberta and Northern B.C.’s traditional oil and gas industry, the County of Grande Prairie is set up to meet the needs of heavy industry and large-scale projects, including modern divided highways, rail access, flexible zoning bylaws, and robust telecommunications, even out in the field. The County and surrounding areas comprise a key regional service center and are home to many major oil and gas regional headquarters and oilfield service firms.

The Peace Region is one of the top two Alberta regions for the production of forest products, first for employment in the forestry sector, and is the leading producer of pulp, paper and panelboard. Two major Forestry Management Agreements within the Peace Region cover nearly two million hectares of land, with over 1.3 million hectares of harvesting land, and are held by Weyerhaeuser Company Ltd and Canadian Forest Products Ltd (Canfor).