The Town of Coronation is located in the Battle River Alliance for Economic Development (BRAED) region. Coronation is the largest community within the County of Paintearth. Our Town was established as a key stop for the railroad, providing services for much of the area. Today, we no longer have the railroad but still have the rich pioneer spirit that built the province of Alberta as we know it. The economy of Coronation is based in agriculture and the rich natural resources of the area. The discovery of oil and natural gas in the 1950’s helped to boost the economy of the region and continues to drive the growth in the community and surrounding area.
The Coronation Economy
The Town of Coronation serves as a major service center for the surrounding area. The main
economic base of the region is agriculture – e.g. cattle, feedlots, hogs, grain – along with oil and gas. As a result, there are a large number of businesses in Coronation that service the agriculture and oil sectors.
Labour Snapshot
| Totals | % | |
|---|---|---|
| In the labour force | 480 | 64.40% |
| Participation rate | 64.40% | |
| Unemployment rate | 10.40% | |
| Management occupations | 30 | 6.32% |
| Business, finance and administration occupations | 60 | 12.63% |
| Natural and applied sciences and related occupations | 20 | 4.21% |
| Health occupations | 60 | 12.63% |
| Occupations in education, law and social, community and government services | 25 | 5.26% |
| Occupations in art, culture, recreation and sport | 0 | 0.00% |
| Sales and service occupations | 85 | 17.89% |
| Trades, transport and equipment operators and related occupations | 115 | 24.21% |
| Natural resources, agriculture and related production occupations | 60 | 12.63% |
| Occupations in manufacturing and utilities | 20 | 4.21% |
Oil and Gas
Reasonable land costs, developed infrastructure, a large labour force and direct access to markets in the oil and gas industry make Coronation a wise choice for investment and opportunity in the oil and gas industry. Coronation is strategically located in proximity to both Calgary and Edmonton and near the South Athabasca Oil Sands area, which has a projected production of over 3.4M barrels of oil per day.
Agriculture
Coronation was built on agriculture and the rich natural resources of the area and today it continues to be one of biggest sectors in the region. Crops in the region include coarse grains such as wheat, oats, barley, canola and other oil seeds. The high amount of regional sunshine makes this an ideal location for greenhouse operations. We are also home to a large number of cattle, dairy, hog and poultry farms.
Manufacturing
Coronation has an innovative and vibrant manufacturing sector for items such as agricultural implements, refuse containers, garments for the oil and gas industry, truck parts and accessories, and specialized equipment for the heavy oil industry, etc. The Town and surrounding area boast a number of highly qualified and innovative welders undertaking custom steel fabrication and manufacturing.
Transportation
Coronation is located along the junction of Highways 12 and 872 in the heart of East Central Alberta. The Town is adjacent to the High Load Corridor. Coronation Airport is located 1.5 kilometers south of the town and has an asphalt base runway. The nearest commercial and air freight service is at Edmonton International Airport.
Business Taxes
The non-residential municipal tax rate in Coronation is: 20.7986
Alberta general corporate tax rate: 12%
Alberta small business tax rate: 2%
Annual Business Limit (ABL)/Small Business Threshold: $500,000
Canadian general corporate tax rate: 15%
Canada small business tax rate: 10%
Canadian Small Business Threshold: $500,000
Business Directory
Making Coronation Home
| Totals | % | |
|---|---|---|
| Population | 940 | |
| Median age of the population | 44 | |
| Total number of census families in private households | 250 | 0 |
| Total number of private households by tenure | 405 | |
| Owner | 325 | 80.25% |
| Renter | 80 | 19.75% |
| Average value of dwellings ($) | $173,484 | |
| Average income $ | $48,673 | |
| Average household total income $ | $87,369 | |
| Residential municipal tax rate | 14.0254% |
Housing
There is a variety of housing options on and around the Town of Coronation. When Searching for a house in Coronation you will notice that our friendly, active community also features very affordable housing options compared to urban centres.
Education
Education is a vital part of our community. Coronation School is a K-12 school. They have 293 students from ECS to Grade 12 attending Coronation School in 2018/2019. There are 140 elementary students, 73 junior high school and 80 high school students. The Coronation School will endeavor to provide the best education possible, addressing the unique needs and characteristics of the young adolescent.
According to the 2016 Statistics Canada Census on Education, almost 50% of Coronation residents have a Postsecondary certificate, diploma or degree. Nearby post-secondary and training options include:
- University Alberta’s Augustana Campus
- Lakeland College
- Portage College
- Flagstaff Community Adult Learning
- Alberta Learning Information Service
- Paintearth Community Adult Learning Council offers numerous special interest, and continuing education programs in our community. Some are done through distance learning associated with Colleges and Universities in Alberta.
- Campus Alberta Central (CAC) is a joint venture between Olds College and Red Deer College that provides post-secondary learning opportunities in 21 communities throughout central Alberta, including Coronation.
Recreation
Coronation can meet all of your recreation needs. Everything from swimming to curling is
available in this beautiful town. The people of Coronation never run out of fun and exciting
activities to participate in. Some of our recreational programs include:
- Minor Hockey
- Adult Rec. Hockey
- Minor Baseball & Softball
- Adult Softball
- Adult Group Fitness
- Community Gym
- Swimming Lessons
- Aquacises
Contact Coronation
The Town of Coronation
P.O. Box 219
5015 Victoria Ave
Coronation, AB, T0C 1C0
Phone: 403-578-3679
Fax: 403-578-3020
town.coronation.ab.ca