Lougheed

The village of Lougheed is home to agricultural farms and ranches of various sizes, thriving amidst natural gas and oil activity with associated supply services in the area. Lougheed provides a wide range of offerings, including new and used farm machinery and repairs, garden supplies, travel agencies, two water well drilling companies, and a car and truck wash, among other services, catering to the needs of its residents and businesses alike.

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grains in a field

THE OPPORTUNITY

The Town of Lougheed provides a range of offerings, including new and used farm machinery and repair services, garden supplies, travel agency services, two water well drilling companies, a car and truck wash, and many other services.

Demographics
Agriculture
Transportation
Companies Based Locally
Education Institutions
Utilities & Taxes
Available Sites
Incentives
Renewable Energy Assets
Why Choose Alberta?
Contact

Demographics

Sources: Alberta Regional Dashboard, Statistics Canada

Agriculture

Seeded Acres (Province):

Crop land – 25,650,672
​Canola – 6,521,000 (2022)
​Beans (all dry) – 49,800 (2022)
​Chickpeas – 31,100 (2022)
​Lentils – 550,200 (2022)
​Peas (dry) – 1,323,800 (2022)

Transportation

Highways
13 (EW) and 870(NS) and close proximity to the 36 (NS)

Rail Access
Canadian Pacific Railway 

Air Facilities
The Flagstaff Regional Airport facilitates local flights. The nearest commercial and air freight facilities are available at Edmonton International Airport (118 miles)

Local Transport Companies
Teers Transport

Companies Based Locally

Selmac Sales
CPS Canada
Lougheed Co-op Seed Cleaning Plant
Nutrien Ag Solutions
Smith’s Equipment Sales
Agriterra Equipment

Education Institutions

University of Alberta’s Augustana Campus

Utilities & Taxes

Electricity Rates
$10c- $20c/kWh (Farm, provincial, 2023)

Water Rates
Availability of Fresh underground water. $71 for the initial 15 cubic meters, $4 per additional cubic meter (County).

Gas Rates
$3.26c – $5.09c / GJ (2023, farm and provincial)

Non-residential Municipal Mill Tax Rate
21 

Broadband Availability
As of 2021, the Village of Lougheed benefits from a fiber optic network.

Available Sites

Variety of industrial land for sales starting from $5,000 per ea.

Incentives

The village of Lougheed presents a high quality of life, complemented by recreational and cultural facilities. It also offers opportunities within a dynamic business community. Housing is affordably priced, and there are available lots for new construction. The village boasts excellent infrastructure, fostering business development.

Renewable Energy Assets

The Peter Lougheed solar farm project is set to produce 15MW of energy. Currently, the project is in the consultation phase.

Why Choose Alberta?

  • Lowest corporate tax rate in Canada and among the lowest in North America.
  • Lowest personal taxes in Canada.
  • Combined federal/provincial corporate income tax rate is 23%.
  • 12% tax credit to companies investing at least $10 million in building or expanding Agri-processing facilities.
  • Property tax incentives to business and industry.
  • Alberta has a tax advantage compared to other provinces.
  • No provincial sales tax, no payroll tax, no health premium.

Contact Lougheed

The Village of Lougheed
5004- 50 Street, Box 5
Lougheed, AB T0B 2V0
Phone: (780) 386-3970
Website: www.villageoflougheed.com