Medicine Hat, Alberta Overview Nicknamed "The Gas City" thanks to its large natural gas fields, Medicine Hat is rich ...
Medicine Hat, Alberta Overview
Nicknamed "The Gas City" thanks to its large natural gas fields, Medicine Hat is rich in natural resources, including clay, coal, and farmland. This has made it an attractive base for numerous large industries looking to take advantage of low-cost, plentiful energy sources.
The town has enjoyed a long, strong economic history spurred on by its brick works, coal mines, flour mills, and manufacturing plants, which have cemented their prominence in the area thanks to the town's location near major transportation routes, including the Trans-Canada Highway. Because of these characteristics, Medicine Hat continues to be one of the most affordable and economical places to live in the country.
Medicine Hat Job Opportunities
Thanks to Medicine Hat's major industries, residents often find stable employment in foundries, chemical plants, greenhouses and oil and gas companies. The manufacturing sector employs more than 1600 residents, and goods are exported both nationally and internationally.
Due to its convenient location near transportation routes, the retail and service sectors are booming. Major employers include banks and credit unions, department stores and food service companies, which have created many management positions. The hospitality and tourism industries are also major sources of employment in Medicine Hat, with more than C$30 million in revenue being generated from tourism each year.
Medicine Hat Employment Trends
Between its many natural resources and an abundance of agriculture, manufacturing and service opportunities, Medicine Hat boasts one of the strongest economic growths in Canada. The unemployment rate tends to average below five percent, and the cost of living is much lower than other Alberta cities like Grande Prairie, Red Deer and Lethbridge. Medicine Hat has also developed a broader arts and culture scene, promising more diversified opportunities in the future. All of these trends have contributed to the town's steady population growth over the years, further attracting businesses and new industry.