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The City of Lloydminster straddles the border between Saskatchewan and Alberta province. The city is not treated as two different cities on both sides of the provinces but as one with a single municipal administration. The town is bounded by Marwayne to the north, Vermilion to the west, Maidstone to the east and Chauvin to the south.
Its economy is increasingly becoming petroleum industry based although agriculture remains the backbone of the towns economy despite farmers leasing their land to oil drilling companies. Since the Albertan side of the city does not levy taxes on businesses, the Saskatchewan side of the city also exempts businesses from paying taxes so as to enable them to compete favorably.
The residents of the city on both sides benefit from the health services provided by the Lloydminster Hospital through an agreement between the government of the two provinces despite Alberta's health systems being more privatized than Saskatchewan's.