Olds is a town in central Alberta, Canada surrounded by Mountain View County. It is located 61km south of Red Deer, the nearest city, and 90km north of Calgary. The nearest towns are Didsbury to the south and Bowden to the north.The town is located along Alberta Highway 2A, west of the Queen Elizabeth II Highway. The Canadian Pacific Railway's main Edmonton-Calgary line runs through the town.Olds is home to a big box retail area that opened in 2008. It features a Wal-Mart and other major retailers. Olds is also home to Olds College, which is noted for its agricultural and fashion programs.