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2026 City of Wetaskiwin Investment Profile

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Wetaskiwin : WE WIN

VALUE PROPOSITION

Feeding and fueling the world, Wetaskiwin’s rich agricultural sector and robust manufacturing industry drive the local economy and combine to create a wide range of opportunities for continued investment and growth in both sectors.

Supported by strong connectivity via road, rail, and air to both domestic and international markets, Wetaskiwin’s competitive land prices, administrative ease, and real estate affordability all contribute to create an ideal location for business development and investment.

VERN MAY

Economic Development Manager

780.361.4450

vern.may@wetaskiwin.ca

INVESTWETASKIWIN.CA

RAELENE COFFEY

Economic Development Officer

780.361.4420

raelene.coffey@wetaskiwin.ca

WETASKIWIN ALBERTA, CANADA

• We are located 35 minutes from the Edmonton International Airport and are home to regional air service locally via the Wetaskiwin Regional Airport.

• Wetaskiwin serves as a junction point for the Canadian Pacific Railway allowing for direct connection to seaport at Vancouver.

• We are 10 minutes from the Queen Elizabeth Highway which serves as the transportation backbone of the Alberta economy.

• Wetaskiwin is located adjacent to the Canamex Trade Corridor linking Canada, the United States and Mexico by road.

INVESTING IN CANADA

CANADA IS THE BEST COUNTRY FOR GLOBAL INVESTMENT. PERIOD.

Why Invest in Canada Now

In 2026, Canada offers investors:

Unmatched market access through deep, diversified trade agreements connecting to major global economies.

Strong FDI appeal, with rising investment stocks and a welcoming policy environment for international capital.

Stable economic fundamentals, including controlled inflation, competitive labor markets, and a gateway position between the Americas, Europe, and Asia.

Whether expanding exports, establishing a regional hub, or seeking long-term growth, Canada’s strategic position in the global economy makes it a compelling choice for investors in 2026 and beyond.

GLOBAL MARKET ACCESS

Canada is the only G7 country that offers investors preferential market access to over 1.5 billion consumers in 51 countries. Key trade agreements include:

CUSMA

THE CANADA – UNITED STATES – MEXICO AGREEMENT

CETA

THE CANADA – EUROPEAN UNION COMPREHENSIVE ECONOMIC AND TRADE AGREEMENT

CPTPP

THE COMPREHENSIVE AND PROGRESSIVE AGREEMENT FOR TRANS-PACIFIC PARTNERSHIP

TRANSPORT INFRASTRUCTURE

Canada is well placed to serve as a central hub for global trade. Our air transport infrastructure is the best in the world and our coastal ports provide direct maritime access to Asia, Europe, and South America.

Combined with secure trade corridors and gateways, our infrastructure facilitates continual supply chain and business operations.

LOWER COST. LOWER RISKS.

Canada has the lowest overall tax rate on new business investment and the lowest business costs in advanced manufacturing and corporate services among G7 nations. Canada also has the lowest business costs in the digital and Research & Development (R&D) sectors.

INNOVATION AND TECHNOLOGY

Canada’s largest R&D tax credit program provides billions in tax credits and incentives to businesses conducting R&D in Canada.

The Strategic Innovation Fund bolsters business investments in Canada’s most dynamic and innovative sectors by supporting business activities such as R&D projects, firm expansion, and attraction of large-scale investments.

The Innovation Superclusters initiative connects businesses, academic institutions, and not-for-profit organizations to generate bold ideas, drive economic growth, attract top talent, advance innovation, and transform regional ecosystems. These are focused on five key areas:

HIGHLY SKILLED TALENT

MOST ATTRACTIVE COUNTRY FOR ENTREPRENEURS

Source: OECD Talent Attractiveness Indicators, 2019

MOST ATTRACTIVE COUNTRY FOR HIGHLY SKILLED TALENT

Source: OECD Talent Attractiveness Indicators, 2019

QUALITY OF LIFE

Searching for the best quality of life? You found it. Home to some of the world’s most impressive scenery and vibrant cities, Canada offers the perfect space to live, work, and play.

Settle in and find out for yourself. There’s no better place to be.

BEST QUALITY OF LIFE

Source: Y&R, BAV Group and Wharton School of Business, 2019

BEST COUNTRY FOR HUMAN FREEDOM

Source: CATO Institute, 2018

CANADA IS HOME TO THREE OF THE WORLD’S MOST LIVABLE CITIES

Source: The Economist Intelligence Unit, 2018

CANADA VS. U.S.

Canada’s labour costs are the lowest among the G7 countries. With competitive salary levels and lower health care costs, companies based in Canada benefit from total labour costs that are 31.2% lower than equivalent costs in the U.S.

Progressive reductions in both federal and provincial taxes creates a significant advantage for companies operating in Canada. According to KPMG, the effective income tax rate in Canada is 17.9%, or 11.9 percentage points below that of the U.S.

4. SCALE.AI (Supply Chains Logistics Excellence Artificial Intelligence)

5. OCEAN

INVESTING IN ALBERTA

FORGE YOUR OWN PATH FORWARD

With some of the world’s most livable cities, the great outdoors, a diverse entrepreneurial community, and the most business-friendly policies in North America, you really can have it all in Alberta.

WHY ALBERTA

In Alberta, we’ve always challenged the status quo with innovative ways to do business—from earlier-maturing wheat at the turn of the 19th century to today’s cutting edge AI research. Our relentless pursuit of new ideas is why many global brands have already located their offices in Alberta and why our universities work closely with research institutions from all around the world.

But it’s not all work here. Set against the backdrop of the Canadian Rockies and seemingly endless prairie skies, the great outdoors is at your doorstep. You can catch a glimpse of the Northern Lights or cycle through the country’s largest urban park. With stunning mountain destinations, legendary festivals, and two of North America’s most liveable and affordable cities, it’s no wonder Alberta is truly a great place to live.

Along with access to world-class amenities, Albertans also enjoy public healthcare, a quality public education system, and three international airports connecting the province to almost every major city in the world.

So, join us here in Alberta and make your ambitions a reality.

HIGHEST ANNUAL GDP GROWTH IN CANADA (1999 – 2018)

BRITISH COLUMBIA MANITOBA

NEWFOUNDLAND

ONTARIO

SASKATCHEWAN

PRINCE EDWARD ISLAND

QUÉBEC

NOVA SCOTIA

NEW BRUNSWICK

KEY SECTORS IN

ALBERTA

AGRICULTURE

Whatever your investment or business goals are, you can achieve them in Alberta. Whether it’s leading the world to clean tech or developing sustainable food, let’s make it happen together.

SKILLED, DIVERSE WORKFORCE

CITY OF WETASKIWIN

POPULATION DEMOGRAPHICS

EDUCATION LEVELS

WORKFORCE DEVELOPMENT

NORQUEST COLLEGE

With campuses in both Edmonton and Wetaskiwin, NorQuest College serves 12,573 full-time and part-time credit students and 7,894 non-credit or continuing education students. With 39 post-secondary credentials and six foundational programs, NorQuest uniquely serves the increasing demands of the economy. NorQuest College offers nimble, responsive, and flexible solutions for emerging market trends and creates new programming in response to communicated workforce needs. In addition to well-established programs in health, business, and foundational learning, the College is also adapting to new opportunities in the green economy and other new technologies, including the use of artificial intelligence. Currently, the College is adapting to the needs of industry with the introduction of microcredentials, including one in Aviation. POST-SECONDARY

KEY SECTORS

MANUFACTURING

Wetaskiwin has been a location of choice for manufacturers since the 1950s. Our location is attractive for this industry not only due to our geographic positioning and access to road, rail, and air for both domestic and international export of products, but also the competitive tax structure that supports the ongoing development of this sector.

OPERATING LOCALLY IN THIS SECTOR

A.C. DANDY

Electrical Enclosure & Power Systems

ALBERTA BOX CENTRE

Metal Fabrication

ANNUGAS

Oil & Gas Compression Solutions

G&B RUBBER PRODUCTS

Industrial Rubber Manufacturing

The City of Wetaskiwin offers a three-year industrial tax incentive for new development (year one: 75%, year two: 50%, year three: 25%). Additionally, Wetaskiwin does not recognize a machinery and equipment tax as implemented by other jurisdictions.

IRIZAR HEAVY INDUSTRIES

Manufacturing & Fabrication

KAMPAROO CAMPERS

Trailer Manufacturing

KIMTO MANUFACTURING

Structural Steel Company

MANLUK MANUFACTURING

Manufacturing/Machining

MASCO CRANE & HOIST

Industrial Crane and Hoist Manufacturing

NUCOR VULCRAFT

Steel Grate Fabrication

SUPREME INTERNATIONAL

Agricultural Equipment Manufacturing

WOOD ART INDUSTRIES LTD.

Cabinet Making

AGRICULTURE

Alberta’s agriculture sector is a $15.4 billion industry reflecting both livestock and crop production across the province. In 2020, Alberta’s total agri-food exports amounted to $12.4 billion with increases in both exports of primary commodities (animals and crops) and exports of processed products (value-added).

Wetaskiwin’s history is rooted in agriculture. The creation of the Wetaskiwin Co-op in 1917 by a group of local agricultural producers has ensured value-added agriculture in the city for over a hundred years. The Wetaskiwin region is home to over 821,000 acres (332,246 hectares) of fertile farmland.

TOP 10 ALBERTA AGRICULTURAL PRODUCTION (BY ANNUAL FARM CASH RECEIPTS)

$6.72 Billion

$4.38 Billion

$3.40 Billion

$755 Million

$621 Million

$596 Million

$572 Million

$500 Million

$312 Million

$175 Million

Source: Province of Alberta 2022 Agriculture Statistics Fact Sheet

AVIATION

Since the establishment of the Wetaskiwin Regional Airport in 1974, Wetaskiwin has been home to a growing aviation sector, offering opportunities for a variety of industries that support the aviation industry. A certified airport with no landing or runway fees, the airport features a newly paved taxiway, apron and Certified AGN II runway (3,888’ x 100’).

SKYPORT PROPERTIES

SKYPORT has opened up a world of possibilities in the aviation market. This development offers 90 free hold lots to be developed in three phases on Wetaskiwin’s airport for aviation-related uses. SKYPORT presents unique opportunities for your personal and business needs.

skyportproperties.com

OPERATING LOCALLY IN THIS SECTOR

GENERAL LEE AVIATION

Flight School/Charters/Rentals

CENTRAL AVIATION

100LL Fuel Self Service System

GS AEROSPORT PRODUCTS LTD.

Ultralight Parts & Sales

J&H AVIATION

Aircraft Maintenance

PEACE HILLS AVIATION

Aircraft Avionics

SKYVIEW ENTERPRISES LTD.

Aerial Photography

WETASKIWIN AERIAL APPLICATORS LTD.

Aerial Agriculture Products & Services

CGAS

Aircraft Maintenance & Restoration

OWNER ASSISTED AVIATION LTD.

Aircraft Maintenance

LOGISTICS

Wetaskiwin’s access to strong road, rail, and air travel connections serve to create a strong foundation for businesses looking to establish warehousing and distribution to service supply chains across Canada and internationally. In addition to the geographic advantages identified in this document, the affordability of both land and labour serve to create a winning combination for business development and growth.

OPERATING LOCALLY IN THIS SECTOR

The Home Hardware Distribution Centre—one of only four distribution centres in Canada supporting close to 1,100 stores across the country—has been located in Wetaskiwin since 1985 and has grown from an initial footprint of 460,000 square feet to 716,000 square feet today. This location employs 400.

WETASKIWIN

PRESENT OPPORTUNITIES

Wetaskiwin offers some of the most competitive land pricing in the area, with low development costs and a new tax incentive to drive industrial growth. With more than 300 acres of land available for development, we can offer flexibility to ensure the right home for your project.

WETASKIWIN REGIONAL AIRPORT

• 170 acres

• Light industrial, airport industrial, direct control

CITY OF WETASKIWIN ECONOMIC DEVELOPMENT

Vern May, Manager, of Economic Development

780.361.4450

vern.may@wetaskiwin.ca

WETASKIWIN GATEWAY BUSINESS PARK

• 67 acres

• Close proximity to CP Rail line.

• Light and heavy industrial, commercial

COMMERCIAL

LIGHT INDUSTRIAL

DIRECT CONTROL ENVIRONMENTAL MANAGEMENT

DIRECT CONTROL ENVIRONMENTAL MANAGEMENT

STORM WATER AREA

Adil & Ather Quraishi

780.839.8055 quraishiadil020@gmail.com

SIMPSON PARK

• 153 acres

• Light and heavy industrial

• Situated with truck route access on Highways 2A and 13

COMMERCIAL LIGHT INDUSTRIAL

HEAVY INDUSTRIAL

MUNICIPAL RESERVE

Bob Wescott

780.361.4450

bob_wescott@shaw.ca

SOUTH EAST INDUSTRIAL PARK

• 22.52 acres

• Light and heavy industrial

Vern May, Manager of Economic Development

780.361.4450 vern.may@wetaskiwin.ca

TAXATION, UTILITIES, AND DEVELOPMENT

INDUSTRIAL TAX INCENTIVE

As of July 20, 2020, Wetaskiwin offers non-residential tax incentives for new industrial development and expansions on a sliding scale over a three-year period.

NON-RESIDENTIAL DEVELOPMENT INCENTIVES

Incentive on Municipal Tax Levy (2020)

Source: Development Tax Incentive Bylaw 1970-2020.

The tax incentive is to be based on the total assessed value at the time of occupancy of the new development.

WETASKIWIN 2025 TAX RATES

Wetaskiwin maintains competitive municipal and total mill rates across residential, non-residential, and designated industrial property classes.

TAXATION RATIO

In the City of Wetaskiwin, Commercial and Industrial tax rates are levied at a ratio of 2:1 compared to residential tax rates.

WHAT THIS MEANS FOR INVESTORS

Wetaskiwin continues to offer competitive, predictable property taxation, particularly for non-residential development. Even with the 2026 adjustment, overall tax impacts remain modest when compared to larger urban markets, supporting strong operating cost certainty for commercial and industrial investors.

*Designated Industrial Property (DIP) tax rate only applies to properties identified as DIP through the Province of Alberta.

Note: Total property taxes include municipal, education, and seniors’ housing requisitions. Final mill rates are adopted annually following confirmation of provincial requisitions.

CORPORATE INCOME TAX RATES

2025 ALBERTA CORPORATE TAX STRUCTURE (COMBINED FEDERAL/PROVINCIAL)

General Corporate Tax Rate:

23% (8% provincial + 15% federal)

Small Business Rate (less than $500K):

11% (2% provincial + 9% federal)

KEY TAKEAWAYS

No Additional Taxes:

Alberta has no provincial sales tax, payroll tax, or healthcare premiums.

Lowest in Canada:

The 8% provincial rate remains the lowest among Canadian provinces.

Investment Incentives:

The province offers specific incentives, such as the Innovation Employment Grant

NO MACHINERY & EQUIPMENT TAX

The City of Wetaskiwin does not observe a Machinery and Equipment tax. This represents a significant benefit to industrial development in our City.

NO PROVINCIAL SALES TAX

The Province of Alberta does not recognize a Provincial sales tax, so the only sales tax is the Federal Goods and Services Tax (GST), presently set at 5%

PERSONAL INCOME TAX

BRACKET

WATER/WASTEWATER FEES 2026

METER

<19 mm or <3/4” $39.99 $477.50

3/4” $50.85 $525.93

1” $61.24 $677.98

1 ½” $114.36 $1143.45

2” $139.41 $1465.95

3” $167.60 $3735.69

4” $219.12 $3914.33

6” $481.20 $4461.95

Water Consumption Charge $3.46 PER CUBIC METER

Bulk Water $8.08 PER CUBIC METER

DEVELOPMENT RELATED FEES 2026

DEVELOPMENT PERMIT

Business License – Resident

Business License – Regional Resident

Business License – Non-Resident

Business License – Mobile Vending Change in Use

Fire Inspection

Fire Inspection: Third Non-Compliant Inspection

Occupancy Load Certificate

SIGNS

ELECTRICITY

In the City of Wetaskiwin, ATCO Energy, Direct Energy, EPCOR, and Fortis Alberta are the main providers of electrical infrastructure, but there are numerous retailers that residents may purchase their services from.

Visit energyrates.ca to find out more.

NATURAL GAS

There are numerous providers offering this service in the City of Wetaskiwin, offering customers a variety of options and plans for their natural gas needs.

Visit energyrates.ca to find out more.

Signage - all signs other than billboards & electronic message boards Permitted Use

Signage - all signs other than billboards & electronic message boards Discretionary Use

90 Day Portable – For Profit

DEVELOPMENT RELATED FEES

ITEM FEES

New Statutory Plan (ASP, Area Redevelopment, etc.)

Area Structure Plan Amendments (major)

Area Structure Plan Applications

Land Use Bylaw Amendment

Lot Subdivision Base Application

Per Lot

Note: All fees and charges for the City of Wetaskiwin can be found in the Fees & Charges Bylaw.

$4080

$3060

$2040

$1060

$510

$310

WHY WETASKIWIN: QUICK FACTS

POPULATION: 13,431 TRADE POPULATION: 50,000 + AVERAGE TRADE AREA HOUSEHOLD INCOME: $115,000+

35 MINUTES TO YEG TAX INCENTIVES

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