Turner Valley is a town in Alberta, Canada. It is located 60 km (37 mi) southwest of Calgary. Situated on Highway 22 the town was once the centre of an oil and natural gas boom. For 30 years, the Turner Valley Oilfields was a major supplier of oil and gas and the largest producer in the British Empire, but is presently undergoing a recession. Turner Valley is just 3 km from its sister town, Black Diamond to the east and about 25 km from a relatively undeveloped portion of Kananaskis Improvement District.

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