News – Calgary Regional Partnership

The Economics Behind Producing Clothing Fabric

By Riley Fitzgerald on July 26, 2019 • 0 Comments

Cotton is among the oldest crops to be grown in America which is widely used in t shirt printing industry. It transformed the States as many stakeholders benefited from the cotton economy. With Eli Whitney’s cotton gin discovery, cotton becomes extremely valuable. The gin helped separate cotton seeds from the fibre, which fuelled the economy.
The Cotton Economy
Recently, there has been a rising demand for products, which meet organic cotton as well as BCI certification standards. The increase in demand has led to the development of new production methods that will increase productivity while taking care of the environment.
The rural sector…

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Calgary Lifestyle And Climate

By Riley Fitzgerald on July 22, 2019 • 0 Comments • Tags: #calgary #climate #lifestyle

The city of Calgary is located near the region’s mountains, here. Its climate is hot, dry, and unpredictable as it temperatures soar and suddenly drop far into the night. Because it’s located near the mountains, Calgary is famous for its Chinooks – a warm, dry wind that causes the temperature to rise above freezing point. Even in the cold of winter, however, Calgary continues to be sunny. In fact, Calgary has the sunniest winter with an average of 2,300 hours of sunshine.
The citizens of Calgary enjoy a mix between the metropolitan and the relaxed countryside lifestyle. The citizens are mostly well-educated, skilled, talented, innovative, family-oriented, community-minded, and lovers of art, culture, entertainment, and recreational activities. They are also …

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Cost of Business

By Riley Fitzgerald on May 22, 2019 • 0 Comments • Tags: #alberta #business #calgary #development #tax

The City of Calgary is within the scope of the Province of Alberta. Because Alberta has no payroll tax, no provincial sales tax, free health care, low personal income tax rate, and the lowest fuel tax among others, it is also a great place to establish businesses because of its infrastructures, various industries, growing population, skilled workers, and investment opportunities.
Since 2015, the general Alberta corporate income tax rate is 12 percent while the income tax rate of small industries and businesses with earnings reaching up to $500,000 is reduced to 3 percent.
The total corporate income tax rate, including the provincial or federal corporate income tax rate in Calgary, is 27 percent for general industries and businesses and 14 percent for small …

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Cost of Living

By Riley Fitzgerald on April 12, 2019 • 0 Comments • Tags: #calgary #cost #living

The cost of living in Calgary is actually reasonable, which comes to a pleasant surprise to some. Compared to other cities found in North America, it is more affordable to live in Calgary.
If you prefer a more detailed analysis of the cost of living in Calgary and other major cities in Canada, you can refer to the information we provide regarding the cost of renting or owning a house using the data from Economic Research Institute’s Relocation Assessor.
Their analysis included areas such as transportation, health services, consumables, utilities, rent/mortgage, insurance, and income/payroll taxes.
One of the perks Calgarians enjoy is the low tax. Calgary has no provincial sales tax, no payroll tax, and no health care premiums and has the lowest fuel tax …