Top Industries in Cold Lake
Cold Lake is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Cold Lake include:
Oil and Gas
The oil and gas industry is a major employer in Cold Lake, with numerous opportunities for skilled workers. Companies in this sector are actively hiring for positions ranging from engineers to field technicians.
Range: $80-$150k
Growth rate: 5% annually
Some job openings:Imperial Oil is hiring: Petroleum Engineer, Field Technician
Healthcare
Healthcare is a growing industry in Cold Lake, driven by an increasing demand for medical services. There are numerous opportunities for healthcare professionals, including nurses and medical technicians.
Range: $60-$120k
Growth rate: 7% annually
Renewable Energy
Renewable energy is an emerging sector in Cold Lake, with increasing investments in wind and solar projects. This industry offers opportunities for engineers and project managers.
Range: $70-$130k
Growth rate: 10% annually
Some job openings:TransAlta is hiring: Renewable Energy Engineer, Project Manager
Technology
The technology sector in Cold Lake is expanding, with a focus on software development and IT services. Tech companies are looking for skilled professionals in software engineering and IT support.
Range: $70-$140k
Growth rate: 8% annually
Education
The education sector in Cold Lake is vital, with opportunities for educators and administrative staff. Schools and educational institutions are hiring for various teaching and support roles.
Range: $50-$100k
Growth rate: 4% annually
Employment Trends and Growth Rates
Cold Lake is witnessing a steady job growth rate, particularly in the renewable energy and technology sectors.
The city's employment trends indicate a shift towards more sustainable and tech-driven industries.
Income inequality remains a concern, with efforts underway to address disparities through education and training programs.
Job turnover rates are moderate, with a stable demand for skilled professionals in key industries.
Job Market for Remote and Freelance Workers in Cold Lake
Remote work is gaining popularity in Cold Lake, with approximately 30% of the workforce engaged in remote roles.
Industries such as technology and marketing are leading the way in offering remote positions.
Local companies like TechWave Solutions are providing remote work opportunities, reflecting a broader national trend towards flexible work arrangements.
Job Resources and Networking
Cold Lake offers a variety of job resources, including local job boards and career fairs.
The Cold Lake Job Fair is an annual event that connects job seekers with local employers.
Career development centers and workshops are available to assist residents in enhancing their job search skills.
Local job boards such as ColdLakeJobs.com provide listings of current job openings in the area.
Property Prices Rankings
The Property Prices Rankings for Canada evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025