Top 10 Business Cities in Canada
Canada is the best country to live in and best place to do business. Business is an activity of making money or making one’s living by buying and selling or producing products (services and goods). Below are the best top 10 Business Cities in Canada:
1. Grande Prairie, Alberta: Grande Prairie is a beautiful city located in the northwest region of Alberta, Canada within southern part of an area which is known as The Peace River Country. This city is situated at the intersection of Highway 40 and Highway 43, which is 456 km northwest of Edmonton.
– Population: 67,993
– Annualized population growth: 3.41%
– Avg. household income: $116,401
– Avg. general lease rate: $17.80 psf/yr
– Corporate income tax rate: 27.0%
– Adults with bachelor’s degree: 77.89%
2. Edmonton, Alberta: Edmonton is best known for its largest malls i.e the West Edmonton Mall in Canada and America too. Edmonton is the largest city in Canada and is at the fifth position. This city is referred to as a Gateway to the North because Edmonton serves as the entrance to the diamond mining and oil in the northern Alberta.
– Population: 961,016
– Annualized population growth: 2.59%
– Avg. household income: $102,954
– Avg. general lease rate: $25.44 psf/yr
– Corporate income tax rate: 27.0%
– Adults with bachelor’s degree: 65.74%
3. Saskatoon, Saskatchewan: Saskatoon is a beautiful and a multicultural city to play, study, work and live. Basically known as the City of Bridges, Saskatoon is one of the largest cities in the province of Saskatchewan having population count of more than 260,000 people. Saskatoon is situated on the bank of South Saskatchewan River, in the heart of Canadian Prairies. Residents of this Saskatoon city are known as Saskatonians.
Population: 306,794
Annualized population growth: 2.58%
Avg. household income: $101,628
Avg. general lease rate: $22.40 psf/yr
Corporate income tax rate: 27.0%
Adults with bachelor’s degree: 69.08%
4. Lethbridge, Alberta: Lethbridge is a beautiful city in the province of Alberta and is the largest city in the southern region of Alberta. Lethbridge is the Alberta’s fourth-largest city by population after Red Deer, Edmonton and Calgary, and is the third-largest city by land area after Edmonton and Calgary. Lethbridge lies on the southeast of Calgary on Oldman River.
Population: 119,995
Annualized population growth: 1.79%
Avg. household income: $86,514
Avg. general lease rate: $19.28 psf/yr
Corporate income tax rate: 27.0%
Adults with bachelor’s degree: 70.5%
5. High River: High River is a small and a beautiful town located within the Calgary Region of Alberta with a population count of 13,584 people. High River is 67.7 km south of the City of Calgary, at the junction of Highways No. 2 and 23. High River is located at 54 km south of the downtown Calgary.
Population: 15,984
Annualized population growth: 3.56%
Avg. household income: $90,732
Avg. general lease rate: $21.82 psf/yr
Corporate income tax rate: 27.0%
Adults with bachelor’s degree: 68.72%
6. Winnipeg, Manitoba: The largest and capital city of Manitoba is Winnipeg and has a huge diversified economy which includes retail and tourism, food and beverage production, transportation, manufacturing, finance. Population of Winnipeg, Manitoba is around 641,483 people and had 3rd fastest growing economy among the major cities of Canada in year 2009, as per Conference Board of Canada.
Population: 796,364
Annualized population growth: 1.32%
Avg. household income: $85,562
Avg. general lease rate: $20.81 psf/yr
Corporate income tax rate: 27.0%
Adults with bachelor’s degree: 66.26%
7. Whitby, Ontario: Whitby is a small and a beautiful town located in the Durham Region. Whitby is situated in the Southern region of Ontario west of Oshawa and east of Ajax, on the northern shore of The Lake Ontario, and is the home to the headquarters of the Durham Region. As of census 2016, population of Whitby was 128,377 and is nearly 20 km east of Toronto and is best known as a commuter suburb in the eastern region of Toronto Area.
Population: 133,973
Annualized population growth: 1.29%
Avg. household income: $111,057
Avg. general lease rate: $21.09 psf/yr
Corporate income tax rate: 26.5%
Adults with bachelor’s degree: 67.09%
8. Vaughan, Ontario: Vaughan is a beautiful city located in Ontario, Canada and in the Regional Municipality of York, just north of the Greater Toronto. Vaughan was fastest-growing municipality in Canada between year 1996 and 2006. Vaughan is the 17th-largest city in Canada and the 5th largest city in Toronto Area.
Population: 322,525
Annualized population growth: 1.68%
Avg. household income: $120,631
Avg. general lease rate: $18.33 psf/yr
Corporate income tax rate: 26.5%
Adults with bachelor’s degree: 61.29%
9. Moose Jaw, Saskatchewan: Moose Jaw is the beautiful and the fourth largest city located in the Canadian Province of Saskatchewan, Canada. This city is situated on the Moose Jaw River in the south-central region of Saskatchewan . Moose Jaw is situated on the Trans-Canada Highway, which is 77 km west of Regina.
Population: 36,976
Annualized population growth: 0.90%
Avg. household income: $86,634
Avg. general lease rate: $21.33 psf/yr
Corporate income tax rate: 27.0%
Adults with bachelor’s degree: 74.72%
10. Burlington, Ontario: Burlington is a beautiful and a small city located in the Regional Municipality of Halton at northwestern end of The Lake Ontario. Along with Milton to north, Burlington forms west end of Greater Toronto Area, while its metropolitan area is the part of neighbouring city of Hamilton.
Population: 192,294
Annualized population growth: 1.23%
Avg. household income: $111,527
Avg. general lease rate: $21.94 psf/yr
Corporate income tax rate: 26.5%
Adults with bachelor’s degree: 64.93%
