An important decision that needs to be made at the outset is the choice of legal structure for your business. There are numerous factors that will need to be considered to make the correct decision for your particular business. The most important consideration is that the corporate form will limit your liability for business debts […]
Tag Archives | Doing Business in Alberta
Creating and operating a business corporation in Alberta
Is incorporation right for you? Whether you should operate your business as a corporation, partnership, sole proprietorship or co-operative depends on your particular situation and your particular needs. Benefits of incorporating a new company in Alberta Incorporating a new company in Alberta, Canada offers many benefits to your company, including: creation of a separate legal […]
Retaining the Corporate Status of Your Alberta Corporation
In order to retain the limited liability that your Alberta corporation offers, you must follow certain corporate formalities involving decision making and the proper record keeping of your Alberta Corporation records. In short, you’ve got to be organized. Retaining Corporate Status Alberta Corporations and their owners must observe certain formalities to retain the corporation’s status […]
Working in Alberta
Working in Alberta Labour Market Between 1997 and 2017, Alberta’s unemployment rate averaged 5.3 percent, compared to 6.8 percent in British Columbia and 7.1 percent in Ontario over the same period. In 2018, Alberta’s unemployment rate had risen to 6.6 percent, higher than the Canadian average of 5.8 percent. Although Alberta’s unemployment rate has risen […]
Alberta Petrochemicals Industry
Alberta is Canada’s largest refining and petrochemical cluster, characterized by modern, world-scale plants with access to abundant resource feedstock and efficient transportation systems able to deliver supply to consumers. There is significant potential for investors who are interested in taking advantage of Alberta’s vast energy resources and new government development programs to build new petrochemical […]
Alberta: The Best Place to Live, Work and Do Business
Alberta’s borders touch the Canadian Rocky Mountains to the west, the vast prairies to the east, the United States to the south and the Canadian Arctic to the north. On average, the province’s 4.3 million people are the youngest of all Canadian provinces, with a median age of 36.9 years. 69.5 percent of Alberta’s labor […]
Alberta A Diversified and Resource-based Economy
In 2017, Alberta produced 81 per cent of Canada’s crude oil and 68 per cent of its natural gas. Alberta has the third largest petroleum reserves in the world, after Venezuela and Saudi Arabia. The Alberta Energy Regulator forecasts that production of upgraded and non-upgraded bitumen from oil sands will increase by 36 per cent […]
Doing Business in Alberta
In 2017, Alberta’s business sector had the third highest labour productivity level in the country (behind Newfoundland and Saskatchewan). The total value added per hour worked in Alberta exceeded the Canadian average by about 39 per cent. Alberta’s productivity advantage over other Canadian provinces is substantial; however its rate of productivity growth had been slow […]
Living in Alberta
Living in Alberta People Alberta is home to an ethnically diverse population of over four million people. One in six Albertans was born outside of Canada, making Alberta one of the most multi-national and multi-cultural provinces in the country. Alberta has the youngest population of all Canadian provinces with a median age of 36.9. This […]
Alberta Oil & Gas Industry
Oil and Gas Alberta is Canada’s energy province. Energy development is the largest contributor to the province’s GDP, capital investments and exports. In 2016, Alberta produced about 80 percent of Canada’s crude oil. Alberta is home to one of the world’s largest unconventional oil deposits, the oil sands, but the province’s diverse resource portfolio also […]
