Where Investment Thrives

Over $180 billion worth of public and private capital projects above $5 million are either planned or currently under construction in Alberta.

Source

At $71.90 per hour worked, Alberta has the highest labour productivity in Canada, exceeding the Canadian average by 41 percent. Alberta productivity has been bolstered by significant increases in agricultural labour productivity and improved efficiencies by oil companies.

Source: Adapted from Statistics Canada Cansim table 383-0033. This does not constitute an endorsement by Statistics Canada of this product.

Alberta has some of most competitive tax rates in North America, with a combined federal/provincial rate of 27%.

Source: Adapted from Tax Foundation [license] and the Canada Revenue Agency.

In 2017 Alberta exported $100 Billion worth of products to 188 countries. Alberta's top exports include: crude oil ($58.7B), chemicals ($8.2B), gas and gas liquids ($9.4B), and crops and livestock ($5.8B).

Source: Adapted from Statistics Canada, Canadian International Merchandise Trade (custom data request). This does not constitute an endorsement by Statistics Canada of this product.

Alberta provides over 40 direct flights to cities around the world, with more than 2 million passengers arriving in Alberta each month.

Source: Edmonton International Airport, Wikipedia. Calgary International Airport, Wikipedia.

Alberta has the most per-capita public infrastructure in Canada, bolstered by substantial infrastructure investments made in the past decade.

Source: Adapted from Statistics Canada cansim table 031-0005. This does not constitute an endorsement by Statistics Canada of this product.

85% of the province of Alberta has mobile phone coverage, a total of 564,000 km². It is the greatest area of coverage of any Canadian province.

Source: Adapted from CRTC Communications Monitoring Report 2016, Wireless service coverage by number of facilities-based WSPs, 2015.

Alberta ranks first in North America for economic freedom, a measure of the ability of individuals to act in the economic sphere free of undue restrictions, as ranked by the Fraser Institute.

Source: Fraser Institute, Economic Freedom of North America 2016.License

Alberta is home to 383 corporate headquarters and the most headquarters per capita of any province. This includes such notable companies as Imperial Oil, CP Rail, Husky Energy, and Cenovus.

Source: Adapted from Statistics Canada cansim table 528-0002. This does not constitute an endorsement by Statistics Canada of this product.

Five percent of Alberta companies are classified as high growth companies in terms of employment, by far the highest share among the provinces.

Source: Adapted from Statistics Canada Indicators of Entrepreneurship (custom data request). This does not constitute an endorsement by Statistics Canada of this product.

Alberta has the third lowest average number of hours lost due to employee/employer labour disputes from 2012 to 2016.

Source: Adapted from Statistics Canada cansim table 282-0213. This does not constitute an endorsement by Statistics Canada of this product.

Alberta has experienced the largest cumulative population growth in North America, growing 22.0% since 2007.

Sources: United States Census Bureau and Statistics Canada Cansim table 051-0001. This does not constitute an endorsement by Statistics Canada of this product.

Calgary, Alberta’s largest city, is ranked 5th best place in the world to live, according to the Global Liveability Ranking, which scores lifestyle challenges in 140 cities worldwide. Calgary has the maximum score for stability, healthcare, and education.

Source: The Global Liveability Report 2017, by The Economist Intelligence Unit

Alberta cities have affordable real estate prices. The median single family home price in July 2017 was $489,700 for Calgary and $396,265 for Edmonton, lower than other major Canadian cities like Vancouver ($1,611,800) and Toronto ($903,500). 

Sources: The Canadian Real Estate Association, MLS Home Price Index Benchmark, July 2017 and Edmonton Real Estate Board, MLS System Activity for July 2017

Alberta’s Rocky Mountain parks are world-famous and one of the great advantages to living in Alberta’s largest city, Calgary, is being only one hour away from Banff National Park.

Source: Driving distances obtained from Google Maps.