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Economic Development Strategy

The City of Lethbridge has developed its first Economic Development Strategy to guide how the community grows its economy, attracts investment, and strengthens its position as a regional hub. Explore the priorities shaping Lethbridge’s economic future.

2026 Economic Development Strategy

Lethbridge’s Economic Development Strategy focuses on building a resilient, inclusive, and opportunity-rich local economy by drawing on the city’s strengths as a connected, export-oriented hub. The economy is anchored by agrifood, manufacturing, and logistics, supported by strong service sectors and a high quality of life. Through targeted investments in infrastructure, strengthened partnerships, and targeted sector growth, the City is working to position Lethbridge as a leading regional hub for investment, innovation, and economic diversification.

Winning Aspiration

To position Lethbridge as a vibrant community anchored in agrifood that offers a supportive business environment, a high quality of life, and strong regional leadership for Southern Alberta.

Strategic Directions

  1. Invest in enabling infrastructure to unlock growth, with agrifood, advanced manufacturing, and transportation and logistics as the primary sectors.
  2. Strengthen business development, expansion, and retention services while focusing investment attraction to key sectors.
  3. Align post-secondaries, employers, and community partners to build talent, research, and innovation that advances the local and regional economy.
  4. Build a coordinated approach to tourism, with events and experiences showcasing local arts, culture, sports, and recreation.
  5. Prioritize collaboration with Indigenous and other government partners to pursue economic opportunities of mutual benefit.
  6. Advance community health and safety initiatives as a foundation for a productive and innovative economy.