Key Economic Indicators
- Population - 18,742 (2016)
- Population Growth - 8.4% (2012-2016)
- Labour Force - 9,825 (2016)
- Major Projects - Over $100 million
- Business Licenses - 1,059 (2017)
- Building Permits - 398 (2017) 505 (5 year average)
- Vacant Land - 1,110,000 ft2
- Available Business Space - 353,536 ft2 (by 2041)
- Taxes - Province has lowest combined taxes in Canada
Location
Located in Alberta, Canada between the provinces of Saskatchewan and British Columbia and north of the state of Montana, USA.
Accessibility
Excellent transportation network ideally located for market access. Close to International Airports in Edmonton and Calgary. Daily CN and CP rail service with interchange. 24-hour truck service via high load corridor, major highways 13, 21, 26 and secondary roads.
Great Business Climate
Camrose is a great place to operate a business. We have:
- A skilled, well-educated workforce and business-friendly City Hall.
- A low effective tax rate and land and building cost index lower than most other centres.
- Businesses and entrepreneurs who are supported by the Camrose Chamber of Commerce, Downtown Camrose Business Improvement Area and numerous other business support groups.
Land
Good supply of retail, office and industrial space.
Low rental and lease rates. Very competitive land prices and construction costs.
Investment Incentives
Two tax credit programs support jobs and economic diversification.
Labour
Employers attract staff with the skills and work attitudes required for a profitable business. Ample Labour Supply – Draw from approx. 24,000 citizens (regionally) to find skilled and educated employees Strong Work Ethic - Workforce is traditionally non-transient with high work integrity.
University of Alberta, Augustana Campus
The University of Alberta is one of the top five universities in Canada. Augustana students have access to over $400,000 in Augustana-specific scholarships and awards.
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