Reasons to invest in Alberta

Alberta is one of the most attractive places to invest in Canada and North America. Its low corporate tax regime helps to attract investment from around the world and promotes opportunities for Albertans while the province’s low personal tax regime helps attract and retain skilled workers. These advantages coupled with a young and educated workforce, as well as a diverse economy combine to create exciting investment opportunities throughout the province.

Alberta, Canada. A smart investment. (PDF)
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Here are more reasons to invest in Alberta:

  • Alberta had the highest economic growth rate among Canadian provinces at 3.3% per year over the last 20 years, and is poised to lead economic growth by 2011.
  • Alberta consistently has the highest investment per capita in Canada. At $18,024 in 2009, it was almost double the Canadian average of $9,174 per capita. Total investment in Alberta for the same year was $66 billion
  • In 2009, Alberta exported $69.1 billion in commodities to 189 countries, representing an increase of 8.4% from five years ago
  • Alberta has a rapidly growing manufacturing base with shipments worth $55.1 billion in 2009
  • Albertans had an average personal disposable income of over $37,000 in 2008, the highest in Canada
  • Alberta has the second largest petroleum reserves in the world, after Saudi Arabia, and total crude oil and equivalent production is expected to reach 3.1 million barrels per day by 2018 (ERCB forecast as of June 2009)
  • Alberta produced 68% of Canada’s crude oil and 81% of its natural gas in 2009.
  • Alberta offers one of the most competitive business tax environments in North America – no Provincial Retail Sales Tax (PST), provincial capital taxes, payroll taxes, or machinery and equipment taxes
  • Alberta’s strength as a major exporter of primary commodities and manufactured products to the global marketplace is supported by a highly efficient and competitive transportation and logistics system
  • One in six Albertans was born outside of Canada, making Alberta one of the most multi-national and multi-cultural provinces in the country
  • Alberta offers a 10% refundable provincial tax credit for scientific research and experimental development encouraging research and development in Alberta. It is worth up to $400,000 annually per company

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Date Updated:
RDP-2109