1929 ALBERTA WHEAT POOL GRAIN ELEVATOR, PARADISE VALLEY
The late 1920s was a prosperous time for rural Alberta outside the dry belt of the southeast. As grain prices were high, more lands were opened for farming. Much of the marketing of grain was, by now, undertaken in pooling endeavors, and most of this through the Alberta Wheat Pool, begun in 1923. The Alberta Wheat Pool Elevator in Paradise Valley, built in 1929, is symbolic of the prosperity of the time and of the collective method of grain handling then undertaken by Alberta farmers. It remains also a symbol of the staple economy of the Paradise Valley region, and indeed, the Canadian prairies as a whole, the production and sale of grain which, at this time, was mainly wheat.
The historical significance of the Alberta Wheat Pool Elevator in Paradise Valley is mainly as representation of the major economy of the region and the method of grain handling in Alberta which evolved during the 1920s. It is also symbolic of the prosperity of the region during the late 1920s. No significant event or individual is associated with this structure.