The Red Deer Corridor is Canada's Economic Capital. Red Deer's central location, growing economy and competitive advantage are just a few of the reasons the Red Deer Region is Canada's Economic Capital. Active citizens, innovative entrepreneurs and large and small businesses are thriving in Red Deer.
Location, Location, Location
Located in the heart of Alberta's beautiful parkland and midway between the two major cities of Calgary and Edmonton, Red Deer is Central Alberta's trading and distribution centre.
Largest Market in Prairies
Red Deer's central location gives it the distinction of being the only city in the Canadian prairies with a potential market of over two million people within a 160 kilometre radius. The trade area has grown to over 200,000 people.
Active & Energetic Labour Force
An active labour force and a wide range of educational opportunities including apprenticeship training, vocational training and university transfer and degree programs help ensure a diverse, skilled and active labour force.
No Business Tax
City Council's elimination of Red Deer's business tax adds to the competitive business environment.
Low Combined Tax & Utility Rates
Red Deer's combined property tax and utility rate consistently ranks among the lowest of the major cities in the province.
A growing manufacturing industry, a strong retail and wholesale service industry, agriculture, tourism, oil and petrochemical industries help ensure a diversified economy.
Record breaking industrial and residential land sales, resulting in above average building permit values, attest to a growing economy. Major expansions, new industrial companies, a host of new services and retail businesses signal a bright future for Red Deer and Central Alberta.
The province's strong economy continues to have a positive impact on Alberta communities. Alberta's unemployment rate is the lowest in Canada (4.3% in May, 2004) and Red Deer has the lowest overall taxes in the country.
A Complete Package Red Deer is about more than low taxes and a healthy economy. The City's first class health and education facilities, beautiful parks and trails, abundant amenities and safe community make Red Deer a wonderful place to live or visit.