As many Western Canadian cities, it has Native origins [1]. The unusual part is that its an English translation, at least instead of an Anglicized spelling or pronunciation.
Its a small city, probably about 6th in Alberta by population. Its probably most famous for sitting right on top of a lot of natural gas, immortalised by Rudyard Kipling as having "all hell for a basement" [1].
"The west" has all kinds of interesting names. There's a "Jumpoff Joe creek" in Oregon, in addition to a "whorehouse meadow", a town called Boring, and a Donner and Blitzen river. And Oregon doesn't even have particularly 'good' names compared to other places, since most of western Oregon was settled by people who wanted to do boring things like farming, raising families, building schools and churches, and trying to stay dry. So you get more pedestrian stuff like Eugene, Springfield (the real one!), Corvallis (look Ma, latin!), Salem, Portland, and so on.