Business development

Strathcona County fosters a supportive environment for entrepreneurs. Below are some of the advantages of starting, locating or expanding your business here.

Industry

Business

  • Home to over 3,506 businesses with employees (10,787 total) and the proactive Sherwood Park and District Chamber of Commerce
  • Strong growth in the manufacturing, construction, technical services, hydrocarbon processing, transportation and agriculture sectors
  • Over 4.5 million square feet of retail, office and commercial space
  • Designation of the Beaver Hills Moraine as a UNESCO Biosphere, improves and diversifies local tourism opportunities

Connections

  • Less than 30 minutes from the Edmonton International Airport and less than 20 minutes from downtown Edmonton
  • Serviced by Trans-Canada Yellowhead Highway (Highway 16) and Anthony Henday Drive (Highway 216), Queen Elizabeth II Highway, Highways 14, 21 and 16. Secondary highway access: Highways 630, 824, 829 and 830
  • Extensive public transit (commuter, local, mobility bus)
  • Rail service by both CN and CP Rail

Workforce

  • 94% of eligible workers have a diploma, certificate or degree
  • Over 15,800 local highly-skilled graduates available

Market

  • Regional market of over 1.5 million consumers
  • $6.7 billion household spending power
  • 6 per cent population growth over the past five years

Tax savings

  • No business tax
  • No business registration fees
  • No provincial sales tax
  • Alberta has one of the most competitive tax systems in North America

Economic Development and Tourism
Phone: 780-464-8095
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Address:
2001 Sherwood Drive
Sherwood Park, Alberta, Canada
T8A 3W7

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Last updated: Tuesday, March 21, 2023
Page ID: 37745