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The town of Lloydminster, Saskatchewan is the second town in the province to share its border with another province. This time it is Lloydminster, Alberta and both serve an area of almost 150,000 people who work in both the agricultural and petroleum industries. Another thriving area of economic activity, built on the success of oil and farming, is new home building and home remodeling.
Like its other namesake, Lloydminster, Saskatchewan is situated on the long, Yellowhead Highway about halfway between the large cities of Saskatoon and Edmonton. The heavy oil extractor is a big employment draw for the area and many farmers derive income from oil leases as well as their agricultural offerings. This influx of people also drives new home building and home remodeling.
The climate in Lloyminster is very cold in winter so new home builders and home renovators are up on the latest in energy-efficient methods for construction.
Lloydminster serves an area of close to 150,000 people who work in many occupations. Almost equidistant between the large cities of Saskatoon and Edmonton, Lloydminster is the home of a large heavy oil extractor and this facility employs many in the area. Agriculture is also a large economic driver in the area and many farmers also receive remuneration for oil extraction on their property.
As a growing area Lloydminster has new home construction on both the Saskatchewan and Alberta sides. In fact, rental properties have not kept up to the demand so multi-unit construction is on the rise.
Renovations are strong in Lloyminster as homeowners with older home upgrade heating systems, windows and roofs. Winter weather conditions can be severe so many home remodels include energy-saving changes to keep the homes cozy.
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