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Top 10 Reasons to Invest in the Red Deer Region
Reports from the Experts
- TD Economics, in a report released November 2007, found Red Deer at the centre of one of the hottest economic regions in the world.
- KPMG’s 2008 Competitive Alternatives Report ranks the Red Deer Region’s business operating costs more cost effective to do business in Red Deer than the Canadian average.
- BMO Financial Group rates Red Deer as a hotbed of growth for businesses employing fewer than 50 people.
The Economy
- High levels of private sector investment and new business starts have fuelled a growing and diversified economy.
- Building permits in the area have reached record levels.
- Alberta will continue to lead the Canadian economy in GDP growth in 2006.
The Market
- Red Deer is the only region on the Canadian prairies with access to more than two million people within a 90-minute drive.
- The immediate trade area is home to more than 216,000 people and climbing.
The Location
- The Red Deer Region is ideally situated midway between Alberta’s two largest cities on the Highway 2 Corridor.
The Tax Environment
- Red Deer and area’s combined tax and utility rates are among the lowest in Canada.
- Alberta boasts the lowest tax regime in all of Canada.
- Municipalities in the Red Deer Region do not have business taxes.
The Workforce
- The Region’s active workforce is young, educated and productive.
Infrastructure
- 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.
Natural Resources
- Central Alberta has abundant natural resources with rich fertile soil and a generous supply of minerals and forests.
Enjoying Red Deer
- More than just commerce, the Red Deer Region has all of the amenities and services that make for an excellent quality of life.
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Quick Facts
"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)
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