Banff

Key Contacts for Business Development

Mayor: John Stutz john.stutz@banff.ca
MLA for Banff-Cochrane
Ms Janis Tarchuk (PC)

Constituency Office
P.O. Box 790
4th Floor,
229 Bear Street Banff, AB
T1L 1A8
Phone: (403) 760-8281
Toll Free: 1-866-760-8281
Fax: (403) 760-5009
banff.cochrane@assembly.ab.ca

MP for Banff (Wild Rose, Alberta)
THOMPSON, Myron

(Conservative) Parliamentary Address
House of Commons Ottawa, Ontario
K1A 0A6
Telephone: (613) 996-5152
Fax: (613) 947-4601
E-Mail: Thompson.M@parl.gc.ca

Constituency Address
213 Main Street, Bay 3,
P.O. Box 3816
Airdrie, Alberta
T4B 2B9
Telephone: (403) 948-5103
Fax: (403) 948-0879 TTY:
E-Mail: ThompM1@parl.gc.ca

Taxation

	Residential/Farmland	Non-Residential
2005
Municipal Tax Rate	2.4270	12.1230
Education - Alberta School Foundation Fund Tax Rate	4.1600	7.9110
Seniors Lodge Accommodation Tax Rate	0.0500	0.2510

Population

Total Population
Population 2004*	8,282
Population 2003*	8,282
Population 2002*	8,282
Population 2001**	7,135
Population 2000*	7,716
Population 1996**	6,098
Population 1991**	5,688
Population % change 1991-1996	6.72%
Population % change 1996-2001	26.37%
* Source: Official Population List, Alberta Municipal Affairs ** Source: Statistics Canada 1991, 1996, & 2001 Census

Total Population 1991-2001

Population by Age and Gender	1996  Male	1996  Female	1996  Total	2001  Male	2001  Female	2001  Total
Age 0 - 4	135	145	280	125	135	260
Age 5 - 14	215	200	415	250	235	485
Age 15 - 19	155	165	320	215	260	475
Age 20 - 24	545	650	1,195	630	680	1,310
Age 25 - 34	915	855	1,770	1,035	915	1,950
Age 35 - 44	545	440	985	620	545	1,165
Age 45 - 54	295	250	545	450	320	770
Age 55 - 64	115	125	240	175	165	340
Age 65 - 74	90	100	190	105	105	210
Age 75 and older	45	105	150	60	120	180
Total All Persons	3,060	3,040	6,100	3,665	3,470	7,135
Source: Statistics Canada 1996 & 2001 Census (numbers may not add up due to rounding)

Banff Population by Age Group (2001)

Education Statistics

Highest level of schooling for Population 20yrs and older	2001	%
People without high school certificates	840	14.26%
People with high school certificates	695	11.80%
People with trades or non-university certificate or diploma	1,890	32.09%
People with post-secondary education (not completed)	1,060	18.00%
People with university diploma/certificate	280	4.75%
People with university degree	1,125	19.10%
Total Population 20 years and older	5,890	100.00%
Source: Statistics Canada 2001 Census (numbers may not add up due to rounding)

Banff Highest Level of Schooling 2001

Population with Post Secondary Qualifications	1996	%	2001	%
Agriculture and biological sciences	255	9.34%	345	10.38%
Commerce, management and business administration	630	23.08%	775	23.31%
Educational, recreational and counseling services	290	10.62%	445	13.38%
Engineering and applied science tech. and trades	320	11.72%	360	10.83%
Engineering and applied sciences	65	2.38%	50	1.50%
Fine and applied arts	255	9.34%	225	6.77%
Health professionals, science and technologies	240	8.79%	215	6.47%
Humanities and related fields	250	9.16%	455	13.68%
Mathematics and physical sciences	50	1.83%	50	1.50%
Social sciences and related fields	370	13.55%	410	12.33%
Other and/or no specialization	0	0.00%	0	0.00%
Total people with post secondary qualifications	2,730	100.00%	3,325	100.00%
Females with post-secondary qualifications	1,425	52.20%	1,700	51.13%
Males with post-secondary qualifications	1,305	47.80%	1,625	48.87%
Source: Statistics Canada 1996 & 2001 Census (numbers may not add up due to rounding)

Labour Force

Labour force by activity	1996	2001
In the labour force, both sexes	4,750	5,555
Not in the labour force, both sexes	620	790
Total population 15 and over	5,370	6,350
Employed, both sexes	4,600	5,395
Unemployed, both sexes	155	160
Participation rate, both sexes	89.00%	88.00%
Unemployment rate, both sexes	3.00%	3.00%
Source: Statistics Canada 1996 & 2001 Census (numbers may not add up due to rounding)

 

Labour Force by Industry Division	1996	% of total	2001	% of total
Agriculture	0	0.00%	20	0.36%
Mining	10	0.21%	10	0.18%
Manufacturing	85	1.80%	20	0.36%
Construction	95	2.01%	205	3.70%
Transportation. & Utilities	220	4.66%	180	3.25%
Retail and Wholesale	785	16.61%	780	14.09%
Finance	130	2.75%	140	2.53%
Business & Community Services	2,715	57.46%	4,020	72.63%
Public Administration	250	5.29%	155	2.80%
Total All Industries	4,725	100.00%	5,535	100.00%
Source: Statistics Canada 1996 & 2001 Census (numbers may not add up due to rounding)

Banff Labour Force By Industry - 2001

 

Labour Force by Major Occupational Groups	1996	%	2001	%
Management occupations	620	13.12%	890	16.09%
Business, Finances and administrative occupations	560	11.85%	580	10.49%
Natural and applied sciences and related occupations	95	2.01%	110	1.99%
Health occupations	90	1.90%	120	2.17%
Occupations in social science; education; government and religion	100	2.12%	105	1.90%
Occupations in art; culture; recreation and sport	215	4.55%	215	3.89%
Sales and service occupations	2,665	56.40%	2,975	53.80%
Trades; transport; equipment operators and related occupations	345	7.30%	385	6.96%
Occupations unique to primary industry	35	0.74%	95	1.72%
Occupations unique to processing; manufacturing and utilities	10	0.21%	50	0.90%
Occupations not elsewhere classified	20	0.42%	25	0.45%
Total - All Occupations (major groups)	4,725	100.00%	5,530	100.00%
Females - All Occupations	2,280	48.25%	2,565	46.38%
Males - All Occupations	2,445	51.75%	2,965	53.62%
Source: Statistics Canada 1996 & 2001 Census (numbers may not add up due to rounding)

Income

Family Income (Number of Families)	1996	%	2001	%
less than $19,999	45	4.57%	60	5.97%
$20,000 - $39,999	215	21.83%	275	27.36%
$40,000 - $59,999	315	31.98%	330	32.84%
$60,000 and over	410	41.62%	880	87.56%
Total number of families	985	100.00%	1,545	153.73%
Average family income	$69,092		$72,975
Median family income	$52,330		$56,618
Source: Statistics Canada 1996 & 2001 Census (numbers may not add up due to rounding)

Household Income (Number of Households)	1996	%	2001	%
less than $19,999	250	11.88%	400	13.94%
$20,000 - $39,999	640	30.40%	850	29.62%
$40,000 - $59,999	565	26.84%	700	24.39%
$60,000 and over	165	7.84%	925	32.23%
Total number of households	2,105	100.00%	2,870	100.00%
Average household income	$55,350		$57,071
Median household income	$44,753		$45,651
Source: Statistics Canada 1996 & 2001 Census (numbers may not add up due to rounding)

Family Expenditure

Expenditure Category	1992	% of total	1996	% of total
Food and Shelter	$25,966,055	36.51%	$28,554,757	36.52%
Clothing	$5,022,545	7.06%	$5,240,008	6.70%
Education and Reading materials	$1,601,330	2.25%	$1,670,074	2.14%
Health and Personal care	$4,398,015	6.18%	$5,349,960	6.84%
Hshld. operationas and furnishings	$7,846,445	11.03%	$8,630,335	11.04%
Recreation	$6,046,660	8.50%	$7,246,900	9.27%
Transportation	$14,612,030	20.55%	$14,641,517	18.73%
Miscellaneous	$5,608,780	7.89%	$6,846,025	8.76%
Total Current Consumption	$71,113,345	100.00%	$78,179,576	100.00%
Total # of Households	2,175		2,107
Average Consumption per Household	$32,696		$37,105
Source: Statistics Canada Family Expenditure Survey 1992 & 1996 (numbers may not add up due to rounding).

Banff Family Expenditures (1996)

Building Permits

Total Building Permit Values	2001	2002	2003	2004	2005
Building Permits Value, Commercial	$9,067,000	$5,025,000	$8,994,000	$2,163,000	$4,813,000
Building Permits Value, Industrial	$29,000	$0	$0	$1,200,000	$0
Building Permits Value, Institutional	$849,000	$4,400,000	$30,000	$0	$20,000
Building Permits Value, Residential	$12,255,000	$4,030,000	$10,415,000	$3,379,000	$5,094,000
Building Permits Value, Total	$22,200,000	$13,455,000	$19,439,000	$6,742,000	$9,927,000
Total Housing Starts	144	26	89	9	10
Source: Statistics Canada 2000-2004 Building Permits (numbers may not add up due to rounding)

Total Housing Starts

Value of Building Permits

Dwellings

Occupied Private Dwellings by Type	1996	% of total	2001	% of total
Apartments	875	41.57%	1,660	57.84%
Detached Duplexes	60	2.85%	75	2.61%
Movable Dwellings	0	0.00%	0	0.00%
Other single attached house	0	0.00%	0	0.00%
Row and semi-detached house	670	31.83%	710	24.74%
Single-detached house	500	23.75%	425	14.81%
Total number of occupied private dwellings	2,105	100.00%	2,870	100.00%
Private dwellings, owned	720	34.20%	850	29.62%
Private Dwellings, rented	1,385	65.80%	2,015	70.21%
Source: Statistics Canada 1996 & 2001 Census (numbers may not add up due to rounding)

Private Dwellings by Period of Construction	# of Dwellings	% of total
Period of construction, before 1946	210	7.33%
Period of construction, 1946 - 1960	285	9.95%
Period of construction, 1961 - 1970	175	6.11%
Period of construction, 1971 - 1980	605	21.12%
Period of construction, 1981 - 1990	940	32.81%
Period of construction, 1991 - 2001	650	22.69%
Total number of private dwellings constructed	2,865	100.00%
Source: Statistics Canada 2001 Census (numbers may not add up due to rounding)

Projects

Summary of Projects in Banff as of September 2006

Project Sector	Number of Projects	Project Cost
Institutional	1	$113,000,000
Tourism/Recreation	2	$42,000,000
Infrastructure	1	$10,300,000
Residential	2	$5,700,000
Total	6	$171,000,000
This inventory lists projects in Alberta that have recently been completed, are under construction, or are proposed to start construction. Not all projects are listed due to reasons of confidentiality and/or due to information not being available at the time of printing. Project data is obtained from public information sources, where possible, this data has been verified with the project proponent/developer, users of the Inventory may wish to confirm project data with the proponent/developer. The inventory does not breakdown project expenditures by any given year. The cost of a project is the value of expenditures expected over all phases of project construction, which may span over two or more years. Cost of projects listed in the Inventory are estimated values only. Source: Alberta Economic Development, 2004.

Value of Projects by Sector (as of September 2006)

Project Status	Number of Projects	Project Cost
Proposed	4	$47,700,000
Under Construction	2	$123,300,000
Total	6	$171,000,000
This inventory lists projects in Alberta that have recently been completed, are under construction, or are proposed to start construction. Not all projects are listed due to reasons of confidentiality and/or due to information not being available at the time of printing. Project data is obtained from public information sources, where possible, this data has been verified with the project proponent/developer, users of the Inventory may wish to confirm project data with the proponent/developer. The inventory does not breakdown project expenditures by any given year. The cost of a project is the value of expenditures expected over all phases of project construction, which may span over two or more years. Cost of projects listed in the Inventory are estimated values only. Source: Alberta Economic Development, 2004.

Largest Projects in Banff as of September 2006

Company Name	Project  Description	Project  Location	Project  Cost	Construction  Schedule	Status
The Banff Centre	Campus Re-development Plan	Banff	$113,000,000	2005-2009	Under Construction
Town of Banff	Joint Recreation and Community Centre	Banff	$34,000,000	-	Proposed
Town of Banff	Infrastructure and Streetscape Improvements (Banff Refreshing)	Banff	$10,300,000	2006-2007	Under Construction
Banff Caribou Properties	ALL - SUITE HOTEL AND RESTAURANT	Banff	$8,000,000	-	Proposed
Banff YWCA	Facility Expansion	Banff	$3,200,000	-	Proposed
YWCA of Banff	Affordable Housing Project	Banff	$2,500,000	-	Proposed