Stony Plain’s 2024 Annual Report Highlights Growth, Community Investment, & Sustainable Development

Stony Plain

The Town of Stony Plain is pleased to announce the release of its 2024 Annual Report. This report provides residents, business owners, and community partners with a transparent and comprehensive overview of the past year’s financial performance, strategic investments, and significant community initiatives.

The report is guided by the Canadian Award for Financial Reporting (CAnFR) standards but is more than a financial summary. It’s a strategic tool that shows how resources are managed, and progress is measured, with clear updates on capital projects, development, infrastructure, and long-term planning. The Annual Report reflects the Town’s commitment to transparency, accountability, and effective service delivery.

“As our community grows, we remain focused on long-term planning, sustainable development, and preserving the qualities that make our town unique,” says Mayor William Choy. “This report reflects the collective efforts of Council, Administration, and our many partners to enhance the services, infrastructure, and quality of life that our residents value most. From capital investments to cultural initiatives, each accomplishment outlined in the report is rooted in collaboration and shared purpose.”

Chief Administrative Officer Thomas Goulden adds, “The Annual Report provides a valuable opportunity to assess our progress and highlight the collaborative efforts between our staff, partners, and community members. This is not just a record of financial health, it’s a reflection of the people, progress and priorities that make the community of Stony Plain thrive.”

Highlights from the 2024 Annual Report include:

1. Record-Breaking Development and Investment

• Over 200 development permits were issued, contributing to a total estimated construction value of $126.5 million, including a combined $44.2 million for the Town’s Community Recreation Facility and Public Works Administration Building.
• Supported by strong demand and strategic infrastructure planning, residential construction reached a pivotal milestone with 173 new housing project starts.

2. Expanded Business Growth and Economic Development

• The Town saw a record 1105 active business licences in 2024, reinforcing the Town’s value as a regional hub for business and economic investment.
• In alignment with the Highway Development Strategy, investment continued in priority economic growth industries, such as agribusiness, logistics, manufacturing and creative industries.

3. Significant Investments in Community Infrastructure

• In 2024, the Town celebrated the ground-breaking of two integral community buildings, the Community Recreation Facility and the Public Works Administration Building.
• The Community Recreation Facility will be a vibrant regional hub for health, recreation, and community connection. It is one of the Town’s most significant investments in recent years.

4. Public Art Projects Expanded

• 2024 saw several additions to the Town’s growing number of public art installations, including the unveiling of The Wisdom Comes, a bronze sculpture by Ukrainian artist Pavlo Bolgaryn, and the expansion of the Magpies of Stony series with three new, reclaimed-material installations.

5. Long-Term Vision and Strategic Planning

• In 2024, Council approved the Town’s 2024-2027 Strategic Plan. This multi-year capital planning initiative outlines the Town’s growth and development for a growing community with a target population of 30,000 by 2030.
• Continued, focused alignment with the Town’s Fiscal Sustainability Framework showcases a commitment to financial transparency and resilience amid rapid growth.

The 2024 Annual Report is now available on the Reports, Studies and Plans webpage. Residents are invited to explore the report and learn more about the Town’s priorities, projects, and progress.