MBiz

Volume 2

Manitoba Chamber of Commerce

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CRUDE AWAKENING Virden rolls with growing pains and profits of oil boom Western by Judy Owen Photos courtesy of Town of Virden Cash Pumps: Oil wells spring up by the hundreds in southwest Manitoba fields. 44 MBiz November 2012 T here are more than a few millionaires living in and around Virden, but you'd be hard pressed to pick them out of a crowd. Sure, some are driving BMWs thanks to the area's booming oil industry, but more often it's new pickup trucks that are wheeling down the roads, and the drivers aren't flashing jewelry and designer duds. "We have a lot of people we know are wealthy, but they're not obviously wealthy," Virden Mayor Jeff McConnell says. "They don't show it … there's lots of millionaires." McConnell, a real estate lawyer, moved to Virden from Winnipeg in 1994. He joined the town council in 1998 and took the mayor's chair in 2010. He's seen the oil industry become a major contributor to the town's economy as oil prices soared and extraction methods improved. The boom took off about five years ago and its impact has been positive and challenging at the same time.

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