What Can Statistics Tell Us About Wood Buffalo Insurance?
The Regional Municipality of Wood Buffalo (sometimes referred to as RMWB) located in north-eastern Alberta, is a specialized type of municipality, which was created as a result of the amalgamation of Improvement District No. 143 and the City of Fort McMurray on April 1, 1995, creating the second-largest municipality in Alberta by area. Many places such as Anzac, Conklin, Fort Chipewyan, Fort McKay, Fort McMurray, Gregoire Lake Estates, Janvier South and Saprae Creek, as well as many localities such as Bitumount, Brièreville, Charron, Cheecham, Corbetts, Devenish, Dog Head, Draper, Egg Lake, Gourin, Grandin, Kenny Woods, Kinosis, Le Goff, Pingle, Point Brule, Quigley, Rossian, Sandy Rapids, Waterways, Willow Trail and Wolyn are located within the Regional Municipality of Wood Buffalo.
As a result of the gigantic oil reserves known as the Athabasca Oil Sands located in the region, Wood Buffalo has become one of the fastest-growing Canadian industrial areas. Wood Buffalo is also home to Canada's largest national park, Wood Buffalo National Park which straddles the border between the Northwest Territories and Alberta was created in 1922 (declared a World Heritage Site in 1983) to protect the last herd of wood bison. Given our interest in the Wood Buffalo insurance sector, we took a look at the information supplied by Statistics Canada in the 2016 census, to see what kind of insurance relationships might exist for the Regional Municipality of Wood Buffalo