When it comes to setting up shop, any good business owner knows the key to success is location, location, location. Alberta offers thousands of acres of prime real estate in top locations, providing unmatched opportunities for prosperity for businesses and entrepreneurs.
In the face of a changing geopolitical landscape, Alberta’s government remains committed to maintaining a strong business environment that attracts investment, while supporting economic growth and prosperity for Albertans. Alberta’s government is investing in cutting-edge tools and technology to help businesses thrive and attract large-scale investments to the province.
Alberta’s Site Selector Tool is a free online service that helps connect businesses and investors to the best locations in Alberta. It combines real-time property listings with key data on infrastructure and socio-economic insights on communities, making it easy to choose where to expand or invest. With almost 7,000 available properties already featured on the tool, Alberta’s business community is empowered with access to free, easy-to-use data and a platform to pinpoint local opportunities.
“When it comes to innovative solutions for investment attraction, the Alberta Site Selector Tool is best in class and has the potential to help us attract high-quality jobs and billions of dollars in investment.”
With the launch of new features on the tool, Alberta’s government is helping investors take their research to the next level and make their data-driven business decisions even more seamless with enhanced access to information supporting a range of sectors including agriculture, energy, data centres, manufacturing and more.
“Time is money – and Alberta’s improved Site Selector Tool gives businesses the gift of both. By using technology to simplify investment decisions, we’re making Alberta the most attractive and straightforward place to do business in Canada.”
Investors can now activate new layers of data that capture a property’s proximity to infrastructure such as high-load corridors, mainline railways and international airports as well as high-capacity powerlines, substations, power generation, natural gas service areas and fibre internet. Investors can also access regional statistics on labour force availability, including labour force by occupation and industry, unemployment rates and graduate rates by degree program.
The tool also boasts new functionality that saves investors and regional economic developers time, including the ability to:
- Drop a pin on a map to generate location-specific data.
- Save a custom view of the site that captures preferred filters and data layers.
- Share and add properties to a list of favourites that can be downloaded to a spreadsheet or PDF to view later.
This suite of enhancements was rolled out based on ongoing feedback from users, including municipalities and economic development organizations.
“As the investment attraction agency for the Edmonton Metro Region, Edmonton Global uses the site selector tool regularly to answer questions from prospective investors, partners and team members. This information, along with insights from other data tools, helps us guide investors to make well-informed decisions for their businesses.”
Since its launch in April 2024, the Alberta Site Selector Tool has been providing innovative ways for investors to find opportunities in Alberta while enabling economic development partners to promote their communities as a destination of choice to potential investors.
Alberta remains the best place in Canada to invest due to its low tax environment, red tape reduction efforts and business-friendly policies. The Alberta government’s policies are attracting record investment, creating thousands of jobs and further diversifying the economy. Through investments like the Site Selector Tool, Alberta is building on its reputation as a province with unlimited opportunity.
Related information
Related news
- New tool making investing even easier in Alberta (April 2, 2024)