Canada’s Best Places for Business 2016

Moose Jaw, Sask.

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Population: 36,976
Annualized population growth (%) 0.90
Avg. household income ($): 86,634
Total value of building permits issued, most recent year ($): 53,255,742
Avg. office lease rate ($ psf/yr): N/A
Corporate income tax rate (%): 27.0
City website: www.moosejaw.ca

Market

Pop. within 1 hr commuting distance: 274,959
Adults who have completed apprenticeship, trades certificate or diploma (%): 13.71
Adults who have completed university degree (%): 12.32
Adults who have completed bachelor''s degree (%): 74.72
Unemployment rate, most recent month (%): 4.69

Costs

Avg. home price ($): 233,735
Avg. retail lease rate ($ psf/yr): 19.69
Avg. industrial lease rate ($psf/yr): N/A
Avg. general lease rate ($psf/yr): 21.33
Peak electricity cost for businesses ($/kWh) N/A
Peak electricity cost for mid-size commercial business ($/kWh): 0.1064
Peak electricity cost for mid-size industrial business ($/kWh): 0.1064

Taxes & Regulation

Business license cost ($): $50 to $199
Avg. processing time for building permit, most recent calendar year: Less than 2 weeks
Non-residential property tax rate (% of assessed value): 1.944100
Commercial property tax rate (% of assessed value): N/A
Industrial property tax rate (% of assessed value): N/A
Small business income tax rate, if different (%): 12.5
Sales tax (%): 10
Special regulations or zoning: N/A

Other

Largest employers: Department of National Defence (CAE/15 Wing); CPR; Five Hills Health Region
Leading industries: Agriculture; Natural Resources; Transport/Logistics
Value of capital projects >$5 million planned or under construction ($ million): -69967296
Special amenities: Moose Jaw is home to Mosaic Place, a 210,000 square-foot hockey and curling arena, as well as the Yara Centre, which provides soccer, fitness and walking facilities. The city also boasts a geothermal mineral spa resort and the Wakamow River Valley parks and walking trails.
Special economic development initiatives: In 2016 Moose Jaw opened a new industrial park focused on export of agri-products, drawing on its proximity to major agricultural areas.