Competitive Development and Operating Costs
With low property taxes, a strong experienced construction industry, and excellent urban services, Edmonton offers industry a cost competitive development environment.
Edmonton consistently tops competitive rankings, offering industry a very cost-competitive environment to locate or expand.
The KPMG Competitive Alternatives 2014 rating found between 1 – 16% differential to a U.S. baseline with an average advantage of 6.5%:
Year after year, Edmonton has one of the lowest property-based taxes for its non-residential sector of any major Canadian city. Why?
- Edmonton does not have a business tax (except in selected business revitalization zones)
- Edmonton does not charge a tax against machinery and equipment; therefore most businesses only pay a non-residential property tax
KMPG’s Competitive Alternatives 2014 Cost Model Comparison Report of the per-square-foot property-based taxes for an average manufacturing operation illustrates Edmonton’s low-cost tax environment:
Edmonton continues to enjoy a very competitive position in regards to location-sensitive labour costs for an average industrial operation as illustrated by the KPMG Competitive Alternatives 2014 report’s cost modeling results. Consider the Greater Edmonton area’s advantage:
- Vancouver - 1.1% more than Edmonton
- Toronto - 3.2% more than Edmonton
- New Orleans - 6.1% more than Edmonton
- Denver - 7.9% more than Edmonton
- Houston - 8.9% more than Edmonton
Edmonton’s construction industry is world-class and highly experienced in heavy industrial, commercial, institutional, civil and roadway construction.
Edmonton is home to a large number of construction companies offering a full range of construction services for projects in Edmonton, throughout Alberta and in various locations in Canada and throughout the world.
Edmonton’s construction companies have the skill set needed to address any industrial construction need – from cold climate challenges to building in remote locations.
Major Contractors in the area include:
- Aecon Infrastructure Group
- Bird Construction
- Clark Builders in Partnership with Turner Construction
- Ellis Don Construction Services
- Ledcor Group of Companies
- PCL Construction
- Stuart Olson Dominion Construction
The City of Edmonton supports the needs of business and industry through a stable and consistent planning and regulatory environment.
Edmonton’s planning regulation provides development certainty to businesses and the City’s streamlined review and planning process facilitates timely and efficient industrial development.
The City’s Industrial Services Team works closely with businesses to clarify requirements and facilitate and coordinate any regulatory reviews and land use planning and zoning requirements on industrial development initiatives to ensure a smooth development approvals process.