Red Deer is located next to the Queen Elizabeth II Highway (also known as Highway 2), the busiest highway in Alberta, which runs north to south between Edmonton and Calgary. This highway provides easy access to the rest of the province and Canada. Red Deer has immediate access to over 81 per cent of Alberta's 4 million population in a two hour drive, making it's central location an ideal place for warehousing and transportation companies.
Queens Business Park
For companies that require convenient access to the travel routes, the Queens Business Park has permit-ready industrial land with all the infrastructure already in place to create ready to build customizable lots. The Queens Industrial Park lots include, municipal water, sanitary and storm sewers, gas, power and curb and gutter. With over 48 acres available to purchase it is easy to make Red Deer the home for your business.
Red Deer also boasts one of the busiest regional airports in Canada, providing three daily flights to Calgary which then connects to over 190 destination across the globe. In 2016, the Red Deer Regional Airport completed a 2,000 foot extension to its existing runway for a new total of 7,500 feet. This extension enables the airport to accept larger aircraft and increases the opportunities for businesses that require access to the entire world.
In Red Deer there is an abundance of commercial opportunities as well. Whether professional or retail, Red Deer has space for you. The Timberlands development on the northeast side of the city provides access to some of Red Deer's newest neighbourhoods and with a large customer base within easy walking distance with more homes being built daily.
The Riverlands development on the southwestern side of Historic Downtown will have opportunities to establish your business in a mixed use, medium to high density, trendy and modern neighbourhood. The construction in the area has just started and by 2018 will have all the necessary infrastructure in the ground and ready for development. This is a perfect opportunity to get in on Red Deer's newest and most exciting development on the ground floor.
Red Deer has an excellent business environment which has many advantages for all businesses to assist them in being more competitive in the provincial, national and world markets. Some of the advantages that Red Deer businesses enjoy are:
- no business taxes
- no capital tax
- no machinery and equipment tax
- no payroll tax
- provincial corporate income tax of 12 per cent, small business rate of 3 per cent
For more information on Red Deer and our business environment please contact the Economic Development team at firstname.lastname@example.org or call 403-342-8106.