KPMG ranks Edmonton as one of the lowest-cost mid-size cities in North America for business
In Edmonton, you’re surrounded by like-minded, enterprising business people interested in realizing opportunity more than image or ego.
Other advantages include no health care premiums, no machinery and equipment tax, no inventory tax, and the lowest fuel tax of any province in the country.
Edmonton boasts low labour costs, property taxes, and overall tax burden.
The general corporate income tax rate in Alberta is 11 per cent — one of the lowest in Canada. The small business income tax rate is two per cent for eligible small businesses with income up to $500,000.
The combined federal/provincial corporate income tax rate in the Edmonton Region is 26 per cent for general businesses, 11 per cent for small businesses, and a competitive corporate income tax rate is in place for manufacturers.
Alberta has one of the lowest corporate income tax rates in the country.
KPMG ranks Edmonton as the most tax competitive city in Canada.