Taxes, Incentives and Financing

As one of Canada's largest metro regions and one of the most business-friendly places in North America, there's a real opportunity to grow and expand your business.

Our highly supportive business climate

In the Edmonton region, it’s simpler than ever for your business to grow. The World Bank ranks Canada as the 3rd easiest country in the world to start a business. Alberta has the lowest combined corporate tax rate in Canada, and one of the lowest in North America.

In the Edmonton region, we support our entrepreneurs because we want you here. Our highly supportive business climate includes access to:

  • funding, loans and capital investments
  • tax credits
  • wage subsidies
  • partnering and collaboration opportunities

Corporate taxes

Provincial

Alberta’s corporate tax rate of 8%, making the combined federal/provincial rate of 23%. This is the lowest tax rate in Canada and is among the lowest corporate tax rates in North America.

This makes the Edmonton region one of the most attractive regions in North America for employers to locate. We’re serious about being the most competitive jurisdiction to invest and do business in.

Available provincial tax credits

Federal

The combined federal/provincial corporate income tax rate in the Edmonton region is 23% (15% federal and 8% provincial) for general businesses and 11% (9% federal and 2% provincial) for small businesses with revenues below $500,000.

Available federal tax credits

Personal income taxes

Albertans pay the lowest taxes in Canada (see Alberta Tax Plan for more information).

Value Added Tax

  • Alberta is the only province where there is no consumption, retail or sales taxes at the provincial or municipal level.
  • The Good and Services Tax (GST) is a federal tax paid on most goods and services sold or provided in Canada. The consumer bears the ultimate tax liability. To achieve this result, businesses that purchase goods and services claim input tax credits.

Fuel Tax

As of April 1, 2022, Albertans stopped paying a provincial fuel tax.