Attractive Economy - In 2006, Alberta had the fastest growing provincial
economy in Canada, creating 86,300 jobs. Alberta leads all other provinces in
growth in population, retail sales, housing starts and per capita investment.
Cost Advantages - Alberta cities rank among the most cost competitive in
the world when it comes to the cost of establishing and operating a business,
according to studies released by KPMG Consulting (The Competitive Alternatives
International Report). This study measures and ranks the combined impact of 27
location-sensitive cost factors for 17 types of business operations across 128
cities in nine countries. Edmonton and Calgary rank second and fourth,
respectively, among 21 large Midwest U.S. and Western Canadian locations. Alberta
has the lowest overall tax system in Canada and it is the only province without
a provincial retail sales tax or health premiums.
Infrastructure - Modern infrastructure in Alberta includes advanced
technology, extensive transportation networks, quality education and training
facilities, superior research and development and competitively priced
commercial and industrial real estate. There are several infrastructure
improvements currently happening within the County of Newell.
County of Newell constructed a new county facility just south of the City
of Brooks. In addition several transmission line upgrades are being
completed or are in consideration within the county. (Click here for a listing of all major
infrastructure developments within the Eastern Alberta Trade Corridor).
Finally, the Newell Regional Services Corporation continues to expand its potable
water service to all municipalities within the county, along with a trickle
system to all rural residents.
Quality of Life - Affordable cost of living, and world-class educational
and health care facilities contribute to Alberta's superior quality of life. A
strong economy combined with Alberta's diverse landscape, stunning scenery, low
crime, and clean air and water, all contribute to making Alberta one of the
best places in Canada and the world in which to live, work or visit.
In 2012 , the Conference Board of Canada
released a study, Alberta’s
Rural Communities Their Economic Contribution to Alberta and Canada, which calculated the economic impact of rural communities in Alberta based on the North American
Industry Classification System. The Newell Regional Economic Development
Initiative has utilized a similar procedure to calculate the value of the
industry in our communities, along with the return to production for each
industry sector. For more detail regarding communities in the Newell
Region, contact the Newell Regional Economic Development Initiative.