Vegreville has a varied and sustainable economy. While agriculture is the primary industry, the Town also has Regional offices for Nova, Alberta Power, Telus, Alberta Agriculture, Prairie Farm Rehabilitation Administration and Farm Credit Corporation. Manufacturing of gas field equipment and farm machinery provide employment to over 200 people. Vegreville is also the home of the Immigration Canada CASE Processing Centre and the Alberta Research Council. Vegreville has excellent educational and recreational facilities.
Schools range from elementary to college level.
The showpiece of the Town's recreational facilities is an indoor Aquatic and Fitness Centre. The complex contains a waterslide, leisure pool, whirlpool, sauna, fitness room, racquetball court and dance studio. Outdoor activities abound. Vegreville is proud to be part of Kalyna Country and is also located just 25 minutes from Elk Island National Park and Beaverhill Lake Bird Sanctuary. The Park provides year round opportunities such as wildlife viewing and photography, hiking, cross-country ski trails, scenic viewpoints, picnic areas, camping and special events for families.