Top Reasons to Invest in the Red Deer Region
Alberta is leading Canada's economy with the Red Deer Region at its core. High level of private sector investment and new business starts fuel a mixed and growing economy. Vibrant and competitive, the Region's business climate supports investment, creates diversity and promotes successful competition in local, nation and international markets.
Red Deer's central location gives it the distinction of being the only region in the Canadian prairies with easy access to a trade area of more than 229,000 people and a distribution capability to over 2.4 million people within a two hour drive. Its large and vibrant market has resulted in the Region quickly becoming on of the most competitive economic corridors in the world, allowing our local companies to compete successfully in both regional and global markets.
Midway between the two largest cities in Alberta, the Red Deer Region is ideally situated to take advantage of priority infrastructure, including major highways, two international airports and the Canadian National and Canadian Pacific railways.
The Red Deer Region's combined tax and utility rates are among the lowest in Canada. Alberta boasts the lowest tax regime in all of Canada and municipalities in the Red Deer Region do not have business taxes.
• No machining and equipment tax in The City of Red Deer
• No provincial capital taxes and no sales tax
• Publicity funded heath care insurance system
According to Statistics Canada, in 2006, Alberta had the highest proportion, 18.6 per cent, of youth within its working age population, and the lowest proportion of older workers in Canada. At the same time, 56.6 per cent of Alberta’s working age population was under 45, and 60 per cent of the labour force held a university degree, post-secondary diploma or certificate. With low unemployment and high productivity as well, the Region’s workforce is among the best in the world.
Diversity of People
The Red Deer Region is a welcoming and inclusive community; one that is proud of its mix of ethnic backgrounds and rich community life that has evolved from a variety of strong cultures.
The Region has modern and ever-expanding infrastructure. A formidable fibre optics network, good quality roads, modern rail lines, two international airports and one regional airport support Red Deer’s reputation as Central Alberta’s distribution and service centre.
Central Alberta is abundant with natural resources including rich fertile soil and a generous supply of minerals.
Enjoying Red Deer Region
At the heart of Alberta’s debt-free province, the Red Deer Region inspires both business and home lifestyle opportunities. From its beautify parks, abundant green spaces, clear air and water to its multitude of sports, recreation and arts, Red Deer is unsurpassed in its recreation and culture amenities. Known for its safety, leading education system and excellent public health care, life in the Region is diversified and convenient.
"Businesses and individuals have flocked to the region in recent years to take advantage of the considerable market opportunities, low taxes and business costs and vast wealth of natural resources that the Calgary-Edmonton Corridor has to offer." (TD Economics)