The following year the area was surveyed again by Fred Young who was particularly impressed with a piece of land on the northwest shore of Sturgeon Lake.

The Whitecourt Cutoff project was completed in 1955, significantly reducing the travel time between the Peace Country and Edmonton.

In 2020, the Town of Valleyview and Chamber of Commerce renamed a stretch of the highway to recognize the 65th anniversary of the cutoff's completion.

[8][9] By the late fifties Valleyview had firmly achieved boomtown status having been incorporated as a village in 1954 and then a town only three years later in 1957.

Vern Lymburner, the current mayor, has served the town for over a decade including terms as councillor.

Central Peace-Notley is represented by MLA Todd Loewen, who was elected as a member of the United Conservative Party in 2019.

Loewen briefly sat as an independent MLA, but was welcomed back into the UCP by Premier Danielle Smith.

[28] Valleyview is part of the Peace River federal electoral district, and is represented by MP Chris Warkentin.

Tervita began in Valleyview as Concord Well Servicing in 1979, founded by David Werklund and Gordon Vivian, and still has operations in the area.

[30] Pembina Pipeline has an office in Valleyview and operates a terminal facility south of town along with managing other assets in the area.

[9] Another notable employer in Valleyview is the Municipal District of Greenview, which has its main administrative office and several departments situated within town limits.

Valleyview's main recreational activity is found at the ice rink, named Polar Palace.

Next door to the Polar Palace is the local pool, which is on the same grounds as the lovely Legion picnic area and water park.

In early February 2025, the critically-acclaimed, and award-winning, Canadian investigative television program, The Fifth Estate, broadcast a report about the Valleyview Public Library.

The closing of the library was inspired by far-right local, who believe that the decision will stop the spread of “gender ideology” in Valleyview.

According to the Canadian Anti-hate Network (an NGO that tracks hatred) the reality is, "...the small library offers support and a place for the town’s Gay Straight Alliance (GSA) to play board games and eat pizza, and carries books that reflect the lived experiences of those same kids."