Business Activity

Business bankruptcies have reached the lowest on record.  In July 2006, the number of business bankruptcies in Alberta fell to a mere 33 businesses, down 45.0% from the same month the previous year.  Over the same period, consumer bankruptcies decreased by 33.6% to their lowest level (376) since December 1990. I n the first seven months of 2006, the numbers of business and consumer bankruptcies were down 44.9% and 28.5%, respectively,  compared to the same period the previous year.  Nationally, business bankruptcies fell by 11.2% and consumer bankruptcies by 6.5% over the same period.

Proportion of Firms by Industry Sector (2005)

Industry Sector

% of firms
Construction

14.9%
Professional, Scientific and Technical Services

12.8%
Real Estate and Rental and Leasing

10.2%
Retail Trade

8.5%
Mining and Oil and Gas Extraction

7.0%
Transportation and Warehousing

6.3%
Agriculture, Forestry, Fishing and Hunting

5.2%
Administrative and Support,
Waste Management and Remediation Services

4.6%
41 Wholesale Trade

3.9%
72 Accommodation and Food Services

3.8%
52 Finance and Insurance

2.7%
31-33 Manufacturing

2.0%

Source: Alberta Economic Development, 2005 Alberta Business Monitor

Establishments with Employees[1] for Grande Prairie Census Subdivision (2000 – 2005)

Establishments with Employees for Census Subdivisions: Grande Prairie, 2000 – 2005
 Industry sector based on NAICS[2]

2000

2001

2002

2003

2004

2005
11 Agriculture, Forestry, Fishing and Hunting           76           78           81           83           70           71
21 Mining and Oil and Gas Extraction          151          174          180          177         196         218
22 Utilities             3             1             1             1             2             1
23 Construction          306          325          346          338         348         381
31-33 Manufacturing           68           58           66           59           61           55
41 Wholesale Trade          137          139          143          144         140         146
44-45 Retail Trade          246          246          255          273         281         295
48-49 Transportation and Warehousing          138          137          150          161         161         178
51 Information and Cultural Industries           11           10           13           12           12           13
52 Finance and Insurance           57           53           56           55           62           68
53 Real Estate and Rental and Leasing          111          112          129          137         150         165
54 Professional, Scientific and Technical Services          242          252          280          290         311         344
55 Management of Companies and Enterprises           30           36           37           33           39           32
56 Administrative and Support,
Waste Management and Remediation Services		           83          117          106          114         113         115
61 Educational Services           20           29           27           23           24           22
62 Health Care and Social Assistance          133          151          148          149         158         163
71 Arts, Entertainment and Recreation           28           30           32           34           34           33
72 Accommodation and Food Services          131          128          134          138         139         138
81 Other Services (except Public Administration)          226          250          272          269         282         298
91 Public Administration             3             3             3             3             3             3
ZZ – All Industries       2,200       2,329       2,459       2,493       2,586       2,739

Source: Alberta Economic Development, 2005 Alberta Business Monitor

Economic Structure – Establishment Counts by Employee Size for the Grande Prairie Census Subdivision

Industry Sector Based on NAICS[1]

No
Employees

1 – 4
Employees

5 – 9
Employees

10 – 19
Employees

20 – 49
Employees

50 – 99
Employees

100 – 199
Employees

200 – 499
Employees

500+
Employees

All
Employee Sizes
11 Agriculture, Forestry, Fishing and Hunting           169             41             11               6               7               4               2             -               -                   240
21 Mining and Oil and Gas Extraction           107           151             16             18             21               5               4               3             -                     325
22 Utilities               2               1             -               -               -               -               -               -               -                        3
23 Construction           312           231             62             37             34               9               5               3             -                     693
31-33 Manufacturing             37             19             10             13               5               1               5               2             -                       92
41 Wholesale Trade             35             50             33             32             25               5             -                 1             -                     181
44-45 Retail Trade             99             95             78             55             39             16             10               2             -                     394
48-49 Transportation and Warehousing           116             88             35             21             20             10               3               1             -                     294
51 Information and Cultural Industries               5               1               4               3               4               1             -               -               -                       18
52 Finance and Insurance             57             34             11             12             10             -                 1             -               -                     125
53 Real Estate and Rental and Leasing           308             93             26             19             20               2               4               1             -                     473
54 Professional, Scientific and Technical Services           251           236             53             23             28               3               1             -               -                     595
55 Management of Companies and Enterprises             65             19               1               6               5               1             -               -               -                       97
56 Administrative and Support,
Waste Management and Remediation Services		           100             67             18             18               9               2               1             -               -                     215
61 Educational Services             22             10               6             -               -                 1               2             -                 3                     44
62 Health Care and Social Assistance             25             66             50             26             13               2               2               4             -                     188
71 Arts, Entertainment and Recreation             11             10               9               8               2               3             -                 1             -                       44
72 Accommodation and Food Services             36             27             18             26             40             21               6             -               -                     174
81 Other Services (except Public Administration)           143           168             62             38             22               5               2               1             -                     441
91 Public Administration             -               -               -               -                 1             -               -                 2             -                        3
ZZ – All Industries        1,900        1,407           503           361           305             91             48             21               3                4,639

Source: Alberta Economic Development, 2005 Alberta Business Monitor