In the early 1900s, the area where Redwater stands was settled first by Ukrainian settlers, and followed by English and French settlers. The name Redwater is a reference to the nearby Redwater River, an ochre-coloured tributary that drains into the North Saskatchewan River. The survey of the Redwater area was registered on September 7, 1906. The original post office, established in 1907 at a location to the east of present-day Redwater, was moved in 1919 to the current town site when Redwater was established as a hamlet. On December 31, 1949 it was incorporated as a village, becoming a town a year later on December 31, 1950. Originally, Redwater was primarily a farming community. The 1948 discovery of oil in the area transformed the hamlet of about 160 people into a town of 1,306 by 1951.
In the 2016 Census of Population conducted by Statistics Canada, the Town of Redwater recorded a population of 2,053 living in 862 of its 946 total private dwellings, a change from its 2011 population of 1,915. With a land area of, it had a population density of in 2016. The Town of Redwater's 2012 municipal census counted a population of 2,116. The census also counted 921 total dwellings within the town, 77 more than the 844 counted by Statistics Canada in 2011. In the 2011 Census, the Town of Redwater had a population of 1,915 living in 776 of its 844 total dwellings, a -13% change from its 2006 adjusted population of 2,202. With a land area of, it had a population density of in 2011. At 844, the total amount of dwellings counted by Statistics Canada in 2011 was reportedly 54 less than the 898 it counted in 2006.
Economy
In addition to the farming industry that surrounds the town, numerous large industrial operations are located in the nearby Alberta's Industrial Heartland to the south. The largest industrial operation being the North West Redwater Partnership which has an estimated economic value to Alberta of 90 billion over 30 years. Other notable operations include a fertilizer plant Agrium Inc, a chemical production plantEvonik Industries, a petrochemical plant Pembina, a pipeline storage and shipping facility Access Pipeline INC and the ShellScotford upgrader and refinery. These industries have spawned an array of offshoot businesses such as shipping, oilfield services, heavy equipment and other support services.
Attractions
Redwater boasts many attractions for a community of its size such as: A nine-hole golf course with grass greens is located within Redwater, a multi use recreational facility Pembina place, an outdoor swimming pool, the sand hills natural area which is home to some of the best ATV trails in central Alberta, a public library, and the world's largest oil derrick.
Schools in Redwater include Ochre Park School and Redwater School; providing instruction for kindergarten through grade 4, and for grades 5 through 12 respectively.
