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Quality Of Life

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Quality Of Life

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#5 Quality of Life

Quality of Life: Overview

Olds is a small town located in central Alberta, Canada. It is known for its strong sense of community, natural beauty, and welcoming atmosphere. The quality of life in Olds is generally considered to be high, as it offers residents a variety of big city amenities and opportunities to enjoy a comfortable and fulfilling lifestyle. The town has a well-maintained infrastructure, including modern healthcare facilities, primary and post-secondary educational institutions, recreational spaces, and public services. The crime rate is low, and the cost of living is affordable compared to larger cities in the region. Olds is also situated in close proximity to Calgary, which provides access to additional employment, cultural, and entertainment options.
In terms of recreation, Olds has several parks, trails and green spaces, ice skating surfaces, including the beautiful Olds College Botanic Gardens for outdoor leisure activities. The Town also offers an Aquatic Centre, Sportsplex, and new Rotary Athletic Park for large sporting events and hosting tournaments.

The town also hosts a variety of community events throughout the year, such as Oldstoberfest Rodeo, Summer Soulstice, Midnight Madness, Olds Fashioned Christmas and Santa Claus Parade of Lights, National Indigenous Peoples Day, CPR Holiday Train, and Canada Day celebrations. Additionally, there are many local businesses and restaurants that offer unique products and services, and the town has a strong agricultural sector that provides residents with fresh produce and other goods t the Agricultural Farmers Market.
Olds is a welcoming and inclusive community and has invested through the formation of the Welcoming and Inclusive Communities Initiative. The initiative works to create a community where all residents and visitors enjoy a sense of belonging and where diversity adds to the social and economic vibrancy of the community, improving the quality of life for all residents. Olds is also an age-friendly community with a very active volunteer seniors committee that collaborates with the Town on projects that optimize age-friendliness in Olds.

Overall, Olds is a great place to live for those seeking a peaceful and fulfilling lifestyle in a welcoming community.

Advantages: Life in Olds

Olds, Alberta is a community that offers a high quality of life to its residents. The town has a strong sense of community, with many local events and activities that bring people together. The region is also known for its natural beauty, with access to outdoor recreational activities like hiking, fishing, and camping. Additionally, the town has a low crime rate, making it a safe and secure place to live and raise a family.
Another advantage of living in Olds is its thriving economy. The town is home to a diverse range of industries, including agriculture, manufacturing, and retail. This has created many job opportunities for residents. Additionally, Olds has a strong education system, with several high-quality schools and a college campus, Olds College of Agriculture and Technology. Olds College is a leading institution in agricultural and environmental studies. The high school and the college are also integrated allowing young students to easily transition to post-secondary school. All of these factors combine to make Olds a great place to live, work, and raise a family.

Capital: Households

Access to capital is an important aspect of any economy, and Olds, Alberta, is no exception. In this area, households have a variety of options to obtain the necessary funding for various purposes. The average household income in Olds is approximately $82,900 CAD, which is above the national average, indicating that residents in the area have more financial resources at their disposal.
In terms of obtaining loans, residents have access to a variety of financial institutions such as credit unions, banks, and other lenders, providing them with the necessary funds to purchase homes, start businesses, or invest in other assets. Additionally, the government of Canada provides support to businesses in Olds through various programs that help with funding, grants, and tax credits. This support also extends to individuals looking to start or expand their own businesses, providing a range of financial options to help them achieve their goals


FAQ: Investing in a High Quality of Life

What is the quality of the education system in Olds, and are there any notable schools or universities in the area?

Olds has a strong education system, with several high-quality primary and post-secondary schools. Olds College of Agriculture and Technology is a leading research institution in Canada, offering a variety of certificate, diploma, and degree programs in fields such as agriculture, business, and health. Approximately, 2000 students attend the College annually. The college has a strong reputation for delivering high-quality education and is highly regarded by employers in the area.. The high school and the college are also integrated allowing young students to easily transition to post-secondary school.

What is the availability of healthcare services in the community, including hospitals, clinics, and other medical facilities?

Olds is very fortunate to have a 35-bed well-equipped hospital with general surgery unit, obstetrics, long and short-term care, emergency services as well as a Primary Care Network that serves the community and region.

What is the average cost to own or rent housing in Olds?

According to the 2021 Census, the average monthly cost to own housing is $$1,362 and the average cost to rent housing is $1,244.

What projects is the Age Friendly Committee working on?

The Committee is guided by the Age-Friendly Action Plan. This plan is advancing key challenges faced by seniors such as senior health services, accessibility, ageism, transportation, and more.

Incentives & Programs: Supporting Business Growth in Olds, Alberta

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