Prince Albert Saskatchewan
Prince Albert is the third-largest city in Saskatchewan, Canada, after Saskatoon and Regina. It is located near the center of the province on the banks of the North Saskatchewan River. The city is known as the “”Gateway to the North”” due to the fact that it is the last major center along the path to the resources of northern Saskatchewan. Prince Albert National Park lies 51 km north of the city and includes a big wealth of lakes, forests, and wildlife. The city itself is situated in a transition zone in between the aspen parkland and boreal forest biomes. Prince Albert is surrounded by the Rural Municipality of Prince Albert No. 461, of which it is the seat, however, stays politically independent, and the Rural Municipality of Buckland No. 491.
Prince Albert is located on the banks of the North Saskatchewan River, with rich agricultural land to the south and the boreal forest to the north. Prince Albert is centrally situated in Saskatchewan, and it is the 2nd most northern city in the province after Meadow Lake. This physical place has actually caused the production of the motto “”Gateway to the North””.
After being established as a mission center, the primary impetus for growth was speculation that the Transcontinental Railway would take a trip north from the Red River Valley along Hind’s fertile belt through to Edmonton.
The La Colle Falls hydroelectric power dam project was an effort to provide affordable electrical power to draw in the industry. By 1927, the project was deserted as the city was close to bankruptcy. In 1945, Prince Albert National Park was established, and the tourism sector helped to again revive Prince Albert’s economy.
The city’s area has actually benefited the community in many ways through the years as farming, forestry, tourist, retail, service, and mining center for the immediate market and the northern neighborhoods. Prince Albert has a total trade area of 140,000 individuals, consisting of an additional 12,000 that can be included if Flin Flon and The Pas are accounted for. The major contributing aspect to this is the function of Prince Albert as a retail and service center to these northern neighborhoods.
There are a number of significant advancements that are occurring around Prince Albert. The Prince Albert region is one of the richest areas in the province for farming, and with the current focus on biofuel technology from the provincial and federal governments, it is anticipated that this economic sector will grow. Uranium is likewise expected to play a bigger function in the future development of Prince Albert.
Prince Albert is still greatly dependent on its federal government service sector, which accounts for about 11% of the workforce. There are three prisons, the Prince Albert Correctional Centre, Pine Grove Correctional Centre, and the Saskatchewan Federal Penitentiary.
Chief Joseph Custer, Kistapinanihk 231, Northern Lights 220, Muskoday 99, and Wahpeton 94B Indian Reserves are within 20 kilometers of the city.
The forestry market is also a significant contributor to the economy of Prince Albert. Prince Albert presently hosts the Provincial Forestry Centre, a structure that hosts significant wood and forestry-related kinds of businesses and associations.
Prince Albert Pulp Company had been the area’s largest company considering that it opened in 1968. The mill was shut down in 2006 by its then-owner, Weyerhaeuser. The mill was consequently offered. Paper Excellence purchased the long-closed down Prince Albert Pulp Inc. from Domtar in April 2011 with strategies to operate a dissolving pulp mill producing 1000 tonnes daily using about 250 individuals. The pulp mill was closed down indefinitely, and 42 staff members laid off in August 2014.
Prince Albert is the third-largest city in Saskatchewan, Canada, after Saskatoon and Regina. Prince Albert National Park is situated 51 km north of the city and contains a big wealth of lakes, forests, and wildlife. Prince Albert is surrounded by the Rural Municipality of Prince Albert No. 461, of which it is the seat but stays politically independent, and the Rural Municipality of Buckland No. 491.
Prince Albert is centrally situated in Saskatchewan, and it is the 2nd most northern city in the province after Meadow Lake. In 1945, Prince Albert National Park was established, and the tourist sector helped to once again revive Prince Albert’s economy.
865,000+ Canadian households have more than $1 million in assets.
more than $1 million
High Net Worth
more than $5 million
Very High Net Worth
more than $30 million
Ultra High Net Worth
How much
Life Insurance
do I need?
Immediate Financing Arrangement
Insured Retirement Plan
Planned Giving
HNW families' goals are ESTATE and WEALTH planning rather than financial planning by focusing on tax strategies and insurance products to ensure wealth is efficiently passed on.
Life Insurance Companies
Sun Life Insurance
RBC Insurance
BMO Insurance
Manulife Financial
Canada Protection Plan
Industrial Alliance
Canada Life
Equitable Life
Ivari
Empire Life
Dream Team
Dino Maragos
Senior Advisor
George Melas
Nationwide Marketing, Operations