Lethbridge is southern Alberta's commercial, distribution, financial and industrial centre (although Medicine Hat plays a similar role in south-eastern Alberta). It has a trading area population of 275,000, including parts of British Columbia and Montana, and provides jobs for up to 86,000 people who commute to and within the city from a radius of 100 kilometres (62 mi).
Lethbridge's economy has traditionally been agriculture-based; however, it has diversified in recent years. Half of the workforce is employed in the health, education, retail and hospitality sectors, and the top five employers are government-based. Several national companies are based in Lethbridge. From its founding in 1935, Canadian Freightways based its head office there until moving operations to Calgary in 1948, though its call centre remains in Lethbridge. Taco Time Canada was based in the city from 1978–1995 before moving to Calgary. Minute Muffler, which began in 1969, is based in Lethbridge. International shipping company H & R Transport has been based in the city since 1955. Braman Furniture, which has locations in Manitoba and Ontario, was headquartered in Lethbridge from 1991–2008.
Lethbridge serves as a hub for commercial activity in the region by providing services and amenities. Many transport services, including Greyhound buses, four provincial highways, rail service and an airport, are concentrated in or near the city. In 2004, the police services of Lethbridge and Coaldale combined to form the Lethbridge Regional Police Service. Lethbridge provides municipal water to Coaldale, Coalhurst, Diamond City, Iron Springs, Monarch, Shaughnessy and Turin.
In 2002, the municipal government organized Economic Development Lethbridge, a body responsible for promoting and developing the city's commercial interests. Two years later, the city joined in a partnership with 24 other local communities to create an economic development alliance called South Grow,
