1. A Cost-Competitive Place to do Business
Alberta has long had the most business-friendly tax environment in Canada. Albertans benefit from: no provincial retail sales-tax, no provincial capital taxes, no payroll taxes (including no health care premiums), a low corporate tax rate, and the lowest gasoline tax amongst Canadian provinces.
2. The Most Affordable Major City in Canada
YouthfulCities’ Urban Work Index details that Edmonton is the most affordable major city to live in all of Canada, besting out other metropolitan cities approaching a population of 1 million. This includes the most affordable transportation of all Canadian cities, and the 4th most affordable secondary education.
Additionally, at $15.00 an hour, Alberta’s minimum wage is the highest in country.
3. Open for Investment
The Alberta Investor Tax Credit is a 30 per cent tax credit to investors who provide capital to Alberta companies in the following sectors: information technology, clean technology, health technology, interactive digital media and game products, and post-production, visual effects and digital animation sectors.
Additionally, our federal and provincial governments have made it a strategic priority to attract more foreign talent, making Canada a recognized leader in economic immigration. In Alberta, the Province complements the Federal priorities with their own Alberta Immigrant Nominee Program. This program also supports the opportunity to bring in foreign labour.
An advantage of these programs is that they allow foreigners to work in Canada while they pursue their permanent residency.