Core Goals
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The Province of Alberta is an attractive place to live. As part of the Province of Alberta, residents in the SouthGrow region enjoy:
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One of the lowest overall tax systems in Canada.
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Lowest overall personal taxes in Canada.
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No provincial retail sales tax.
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High workforce participation rate.
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Low average unemployment rate of 3.2% in 2004, versus the provincial average of 4.6% (Alberta Economic Development, June 2006).
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High worker productivity.
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Steadily increasing population with a growth rate of 10.1% from 1991 to 2001 (Statistics Canada, Alberta Municipal Affairs, 2004).
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Increasing family and household incomes from 1996 to 2001 (Statistics Canada, Alberta Municipal Affairs, 2004).
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Affordable rental accommodation with average one-bedroom apartment rent of $545 per month compared to rates in Red Deer, Calgary and Edmonton ranging from $547 to $655 per month. (Canada Mortgage and Housing Corporation, 2004)
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Affordable housing with average dwelling prices for a detached bunglow averaging at $152,000 (Royal LePage Survey of Canadian House Prices, 2004).
… Creating Opportunities through a low cost of living
