Demographics
IT IS IMPORTANT TO BACK UP BUSINESS AND INVESTMENT DECISIONS WITH SOLID EVIDENCE.
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. The Central Alberta Regional Dashboard, populated by the Government of Alberta, provides data on living, working, investing and doing business in Central Alberta.
Building Permits
The following bar graph shows the value of Central Alberta’s building permits each year for five years, including a significant rise in 2012, holding fairly steady in 2014 with approximately $800,000 in building projects.
The value of building permits in our region points to the general economic prosperity; a great deal of investment is happening in Central Alberta.
Graph provided by Central Alberta Economic Partnership – Economic Indicators 2015.
Income
The following graphs show Central Alberta’s average income, average disposable vs. discretionary income and income projections for the coming years.
The numbers show that Central Albertans’ incomes are on the rise, with a large percentage of that being disposable income.
Graphs provided by Central Alberta Economic Partnership – Economic Indicators 2015.
Annual Disposable & Discretionary Income per Household
Income Projections
Labour Force
The following graphs describe Central Alberta’s labour force, which shows strong participation, all a part of Central Alberta’s strong economy.
Graphs provided by Central Alberta Economic Partnership – Economic Indicators 2015.
Demographic Information
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.
Income Households Over $100,000 / Annum
Marital Status
Population by Age
Education
Working in Alberta
Low Personal Taxes
Top Marginal Personal Income Tax Rates 2015
*Prince Edward Island and Ontario’s top provincial rates include a surtax
**Quebec residents receive an abatement of 16.5% of basic federal tax because of the province’s decision to opt out of federal cash transfers in support of provincial programs
Source: KPMG
Productivity Rates
Business Sector Productivity by Province 2014
(Real GDP per Hour Worked, in 2007 constant dollars)
Source: Statistics Canada – GDP at basic prices
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