Canada’s Best Places for Business 2016

Wood Buffalo, Alta.

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Population: 84,151
Annualized population growth (%) 3.58
Avg. household income ($): 210,552
Total value of building permits issued, most recent year ($): N/A
Avg. office lease rate ($ psf/yr): 58.44
Corporate income tax rate (%): 27.0
City website: www.rmwb.ca

Market

Pop. within 1 hr commuting distance: N/A
Adults who have completed apprenticeship, trades certificate or diploma (%): 14.14
Adults who have completed university degree (%): 23.92
Adults who have completed bachelor''s degree (%): 68.89
Unemployment rate, most recent month (%): 9.57

Costs

Avg. home price ($): 504,183
Avg. retail lease rate ($ psf/yr): 57.53
Avg. industrial lease rate ($psf/yr): 43.68
Avg. general lease rate ($psf/yr): 51.53
Peak electricity cost for businesses ($/kWh) N/A
Peak electricity cost for mid-size commercial business ($/kWh): N/A
Peak electricity cost for mid-size industrial business ($/kWh): N/A

Taxes & Regulation

Business license cost ($): N/A
Avg. processing time for building permit, most recent calendar year: N/A
Non-residential property tax rate (% of assessed value): N/A
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 (%): 13.5
Sales tax (%): 5
Special regulations or zoning: N/A

Other

Largest employers: N/A
Leading industries: N/A
Value of capital projects >$5 million planned or under construction ($ million): N/A
Special amenities: N/A
Special economic development initiatives: N/A