IT IS IMPORTANT TO BACK UP BUSINESS AND INVESTMENT DECISIONS WITH SOLID EVIDENCE.
Central Alberta is where business booms, life is good, and great things happen. We are poised to help you select Central Alberta as your place to do business. The following charts and graphs illustrate Central Alberta’s pro-business climate, outlining key demographic information and providing important taxation information that will impact your bottom line.
Learn about Central Alberta’s pro-business climate through key demographic information as well as taxation data that will impact your company’s bottom line.
- Alberta offers one of the most competitive business tax environments in North America – no provincial capital taxes, payroll taxes, or machinery and equipment taxes.
- Alberta is the only province in Canada that offers no provincial retail sales tax.
- Cash in on Central Alberta’s low property taxes, low corporate and personal income taxes and the lowest gasoline taxes in Canada.
Central Alberta has a dynamic and innovative business climate, shown by continual growth in the number of small businesses.
- Alberta enjoyed an increase of 23.1% in small business establishments (defined as business establishments with less than 50 employees) between 2004 and 2014, the highest increase of any Canadian province.
% Change in Small Business Establishments
Source: Survey of Employment, Payrolls and Earnings, Statistics Canada
Doing Business in Alberta
Competitive Corporate Taxes
Comparison of Corporate Income Taxes
*6.2% represents the average effective top general state corporate income tax rate
Source: Alberta Economic Development and Trade, Tax Foundation and Federation of Tax Administrators
The following charts outline demographic information, including Income information, marital status, age statistics, and education.
Graphs provided by Central Alberta Economic Partnership – Economic Indicators 2015.