Extensive upgrading to the Camp's facilities has been taking place and much more is planned. Camp Wainwright will provide important training services to the Canadian Army as well as troops from other countries such as Britain and the USA for years to come. Both oil and gas activity is prominent in the Wainwright area. Exploration, drilling and facility development are continuing on a regular basis. Being located on the edge of the huge oil reserves of Northeastern Alberta is a major advantage for Wainwright's future oil industry.
Agriculture continues to be the primary industry of the community.
The climate and soil conditions support a diverse production of crops and livestock. Area farmers are keen to apply new technologies and keep abreast of the latest trends, increasing the viability of their operations and maintaining the overall strength of the industry. A vast array of recreational and tourism opportunities are available in Wainwright. The Communiplex houses a 25-metre indoor swimming pool, wading pool, whirlpool, sauna, racquetball courts, weightroom, dance studio, meeting rooms, community theatre and halls. Numerous parks include modern facilities for baseball, tennis, camping, soccer and fishing for youths and seniors.