Based on the strong presence of oil and gas, agriculture, tourism, and retail and business services sectors in the County of Newell and an evaluation of the County's business structure, a number of gaps have been identified that represent business opportunities. Pre-feasibility studies have been completed to evaluate potential for viable business opportunities:

Water is a valuable resource in the County of Newell. The County has completed a Regional Groundwater Resource Assessment. In addition to serving as an assist for the agricultural industry, the document can serve as a guide for evaluation of water availability in the context of site selection in situations where water will not be piped. The file has been divided into a primary text document and supporting figures (graphics) given file sizes: