Community Description
Lloydminster is a Canadian city which has the unusual geographic distinction of straddling the provincial border between Alberta and Saskatchewan. Unlike most such cases (such as Texarkana in the southern United States), Lloydminster is not a pair of twin cities on opposite sides of a border which merely share the same name, but is actually incorporated as a single city with a single municipal administration.
The local economy is driven primarily by the booming petroleum industry. Agriculture remains an important economic activity, although many farmers in the area have been sustained financially by lease payments resulting from oil wells drilled on their land.
Lloydminster’s bi-provincial status has resulted in special provisions regarding provincial taxation within the city limits. The Saskatchewan side of the city is exempt from that province’s sales tax, preventing businesses located there from being placed at a disadvantage relative to businesses in Alberta, which has no provincial sales tax. There is no exemption for provincial income tax, which is based solely on the taxpayer’s province of residence. Other differences surrounding interprovincial costs are reflected within the treatment of automobile insurance, and housing taxes. For example, residents on the Alberta side (under 25 driver) will pay approximately 2-3 times the average amount required of a Saskatchewan driver.
Community Links
Alberta Tourism
City of Lloydminster
Lloydminster Chamber of Commerce
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Fort Nelson
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Latest Issue
In this issue:
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Ulterra Bit Drills Entire Eagle Ford Well at Record Pace
FORT WORTH, TEXAS -- The new U616M, 8.75-in., six-bladed matrix bit with 16-mm cutters drilled from surface casing to TD at a record pace of 93 ft/hr. All three intervals – the vertical, curve and lateral – were drilled with the same bottom hole assembly, reaching TD without a trip out of the well. A total of 9,953 ft was drilled in 107 hrs, a time savings of 37.5 hours over the fastest competitor offset of 144.5 hours. Cost savings were $73,566 versus the direct offset and $133,024 versus the average of five competitor offsets.
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