ABOUT COLD LAKE
Incorporated in 1996 through the amalgamation of the towns Grand Center, Cold Lake and the Canadian Forces 4-Wing Airbase.
The Real estate surrounding Canada’s Cold Lake is known for its sparkling clear water, pristine camping and picnicking sites tucked away in seemingly unexplored places, and warm, friendly people.
The area is brimming with opportunities in Aerospace, Aviation, Energy, and the Natural Resources Industry;
Life is full of inspiration for crafters, collectors, and artisans too. Anglers have ample hope with the many lakes, streams, and secluded coves. Anytime is the right time for recreation here
The City of Cold Lake benefits from an increasingly diversified local economy which is supported primarily by the heavy oil, national defense, tourism, and service based sectors. The dynamic economic base has ensured strong and stable grown with the city, with the populations growing by 23% since 1986.
Capital projects in the Cold Lake area are in the Billions of Dollars. Projects include: Imperial Oil Nabiye Plant, Cenovus (formally EnCana) Foster Creek doubling production, OSUM Taiga Plant, CNRL Expansion, City of Cold Lake infrastructure projects, and CFB Cold Lake’s expansion and replacement of infrastructure to replace aging CF-18 Hornets.
Cold Lake has historically always attracted tourists to the area. The region boasts 400 square kilometers of water for swimming, diving, fishing, sailing, and wind-surfing. Winter months bring cross country skiing, ice fishing and snowmobiling enthusiasts. Kinosoo Ridge Ski Resort also provides 10 groomed runs for downhill skiing and snowboarding.
Cold Lake is also home to western Canada’s largest inland marina which offers 250 protected births and an expansion is being planned by city counsel.