Cost of Doing Business
Lethbridge stands out in Western Canada as a hot spot, and not just because of the sunshine.
Businesses in Lethbridge continue to thrive within a supportive and competitive industry environment despite an economic downturn in other centres. Our sunny city offers a low cost operating environment with savings in areas such as: taxation, utilities, labour and transportation.
In a recent international business cost study by management consultants KPMG, Lethbridge ranked in the top three in terms of transportation, facility and location related costs. Lethbridge also ranked high in other non-cost factors, including: labor availability and skills, economic conditions and markets, innovation, infrastructure, regulatory environment, cost of living and quality of life.
- Operations – the operating costs associated with business: facilities, transportation, labour, etc.
- Construction and Occupancy – the costs associated with building new facilities or taking over existing commercial or industrial spaces.
- Taxes and Utilities – provincial and municipal taxes and the cost of basic public utilities.
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