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Why Alberta

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Alberta has the most business-friendly environment in Canada, with a competitive tax structure, a strong economy, and the highest labour productivity in Canada.
Alberta has the most business-friendly environment in Canada, with a competitive tax structure, a strong economy, and the highest labour productivity in Canada.

Competitive Tax Rates

retail sales

No retail sales tax

corporate taxes

Low corporate tax

personal taxes

Low personal income tax

fuel taxes

Low fuel taxes

Strong Economy

Highest GDP growth in Canada in the past 20 years


In terms of economic strength, Alberta punches well above its weight for its small population. Alberta has the highest real GDP per hour worked ($72.30), and the highest GDP growth in Canada over the past 20 years. 

Sources:  Statistics Canada Cansim Table 36-10-0480-01

Over $180 billion worth of major projects proposed or under construction in Alberta

major projects

International companies such as EDF (France)Gilead (America), and Sinopec (China) are investing billions of dollars into the Alberta economy.

Investment per capita more than double the Canadian average

investment

Sources:  Statistics Canada Table 36-10-0222-01

Secure business environment

bank

Stable banking system

Canada scores in the top 20 of the World Bank's Political Stability Index (2017)

safe

Safe place for your money

Six major Canadian banks ranked among the 10 safest in North America by the Global Finance Magazine (2018)

pro-business climate

Pro-business climate

Alberta is ranked as North America's most pro-business climate by the Fraser Institute's Economic Freedom of North America FDI Benchmarking (2016)

Talented Workforce

youth

Youngest population in Canada

Median age: 36.7 years

population growth

Fastest growing

Highest population increase in North America (22% from 2008-2018)

education

Highly educated

Second highest post-secondary completion rate in Canada

diversity

Diverse workforce

1 in 6 born outside of Canada

Highest business labour productivity in Canada

(Real GDP per Hour Worked, in 2007 constant dollars)

Sources:  Statistics Canada Cansim Table 36-10-0480-01