Cochrane, AB Overview Cochrane, just 18 kilometres west of Calgary, has a population of about 23,000, which was up ...
Cochrane, AB Overview
Cochrane, just 18 kilometres west of Calgary, has a population of about 23,000, which was up nearly 12 per cent from the previous year. It is one of the fastest-growing cities in the country and the second largest city in Alberta. The city has a distinct western frontier flavour and is a popular weekend destination for tourists who enjoy browsing the Old West-themed stores and shops along Main Street. Statistics Canada determined that Cochrane had the best-educated workforce in Canada in 2011 as well as the highest concentration of top income earners.
Cochrane, AB Job Opportunities
The fastest-growing source of jobs in Cochrane, AB, is the technology sector; the city prides itself on drawing innovators to the area. West Work Technology, an electronics design and manufacturing company, is a good source of IT jobs in Cochrane, AB. Another major employer in Cochrane is North Rig, which designs equipment for the oil and gas industry and is a good source of engineering jobs in the province. Other popular high-tech employers in Cochrane include Vogon Laboratory Services Ltd.; Trium Environmental, a chemical oxidation remediation company; Garmin Cochrane, a health and fitness device manufacturer; 4iiii Innovations Inc., a leader in the wearable technology market; Alberta Metalworks; and Hunterwood Technologies.
Cochrane, AB Employment Trends
The Calgary economic area, which includes the city of Cochrane, is considered Canada's powerhouse of economic activity. Compared to other Canadian cities, the Calgary area has much lower unemployment rates, currently at just 5.3 per cent. The city's workforce is most productive, generating a real GDP of over C$145,000 per employee, according to Statistics Canada. Salaries are higher than the other major six cities in Canada, with C$56,178 average per capita income.
The largest and fastest-growing sectors include mining, oil and gas, scientific and technical services, accommodations and food services, warehousing and transportation and construction.