The Alberta Energy Corridor, located in Alberta, Canada, is a region that is leading Canada’s economy.
- Alberta’s personal tax rates are among the lowest in Canada.
- Alberta is the only province without a provincial sales tax and has the lowest gasoline taxes in the country.
- A two-income family of four earning $75,000 pays about $1,400 less in total provincial taxes, including health care premiums, sales and other excise taxes, in Alberta than in Ontario and almost $1,800 less than in British Columbia.
- Alberta’s minimum wage is $8.80 per hour as of June 2010.
With approximately $14 billion per year of existing activity, Alberta is also one of Canada’s major metal manufacturing centres, behind only Ontario and Quebec. Thanks to a strong demand from Alberta’s energy sector – and the oilsands development just north of the Alberta Energy Corridor – there are numerous opportunities for manufacturing companies located within our region.
Alberta’s strategy combines natural advantages with a positive business climate to encourage and facilitate investment and growth:
- a low tax regime
- streamlined regulations
- a strong fiscal framework
- a modern infrastructure of transportation, utilities, education and health.
