Top 10 Reasons Why You and Your Business Can Thrive In Edmonton

Top 10 reasons why you and your business can thrive in Edmonton:



  • 1.       Natural resources. The foundation of Edmonton’s economy is its proximity to the Athabasca oil sands, the third-largest oil reserve in the world.


  • 2.       Major investments. Major investments worth $191 billion are planned or under way in northern Alberta.


  • 3.       Diverse economy. Edmonton has the second-most diversified economy of Canada’s largest cities. It is a centre for energy, manufacturing, government, financial services, education, transportation, and much more.


  • 4.       Culture of innovation. Edmonton is a leading centre for research in sustainable resource development, nanotechnology, life sciences and more.


  • 5.       Globally competitive tax environment. We have no provincial sales tax, the lowest overall personal income taxes in Canada, low corporate income taxes, no capital tax, no payroll tax, no machinery tax and no equipment tax.


  • 6.       Workforce. Edmonton’s excellent job opportunities attract a younger, better skilled and more diverse workforce.


  • 7.       Education. With 150,000 full- and part-time students, Edmonton’s nine post-secondary institutions are training the engineers, technologists and trades people that your business will need to grow.


  • 8.       Connections to global markets. We are connected to the North American Free Trade zone and North Asia through a 24/7 international airport, continental highway and rail systems and a rail-sea container route to Asia via Prince Rupert.


  • 9.       Prosperous, growing market. The 1.2 million people in our region enjoy the benefits of one of Canada’s fastest-growing economies and high disposable incomes.


  • 10.   Quality of life. Edmonton. Rated in 2011 by the Canadian magazine MoneySense as one of the best cities to live in Canada, offers Canada’s best combination of thriving economy and vibrant quality of life.


Lyndon Sommert

Lyndon Sommert

Associate Broker
CENTURY 21 Platinum Realty
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