From convenient access to Canadian and International markets to low business taxes, the region offers an optimum business environment. Our competitive advantages include:
Education
- The Wainwright labour force is modestly higher (4.7%) than the Alberta average with a technical education (trades or non-university certificate or diploma).*
- 48.2 percent of the workforce possesses some form of post-secondary trade or university certificate, diploma or degree.*
- Home to a major post-secondary institution, University of Alberta Augustana Campus.
- Lakeland College, with a campus in Vermilion (40 minutes north), offers programs in Wainwright. Examples of past programs include Health Care Aide and Accounting Technician.
Land
- The Town of Wainwright is the developer of commercial and industrial lands. Currently there are 5 commercial lots adjacent to Highway 41 that are .91-.99 acres. There are 3 industrial lots available with 1.36 acre parcel size.*
Housing
- House prices substantially more affordable than average Alberta housing with the average housing price (resale) being 32.75% lower than the Alberta average.*
- Comparative average housing prices (all types – 2019) were Wainwright at $249,844, Edmonton at $312,400, and Alberta at $371,562.*
Infrastructure
- An effective network of highways, air transportation and rail systems easily connect the region to wherever a company wants to do business. Highway 36 and Highway 41 are high and wide load corridors.
- A variety of electricity and natural gas providers offer choice for consumers and businesses.
- Quality water treatment, sewage and waste facilities are located throughout the region.
Cost of Doing Business
- The Battle River region has one of the lowest overall tax systems in Canada.
- No provincial sales tax.
- No capital, payroll, or machinery and equipment taxes.
- Low combined corporate income tax rate in Alberta of 23% (15% federal and 8% provincial) for businesses with revenues over $500,000.
*Source: 2019 Wainwright Relocation Guide