Stimulus

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Stimulus

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Stimulus

Overview: Investor Stimulus

Stimulating economic growth and investment is the main priority of Invest Olds. Streamlined regulatory processes is one important advantage for Olds but this backstopped with some of the lowest municipal taxes and development fees in Canada sets Olds above all others.
Olds and region are further supported by a host of provincial and federal government stimulus programs aimed at providing financial support and resources to businesses, with the goal of promoting economic growth and job creation. Coupled with the lowest provincial corporate tax rate (8%) in Canada, growth is inevitable.

Overall, Olds provides a bright economic future and is well-positioned to continue to thrive in the years to come.

Stimulus: Olds and Region

Stimulus: Provincial & Federal

The provincial and federal governments have implemented several stimulus programs to support the growth of business in Olds.
Programs to help: companies become export ready and access international markets; grants that ease the cost for research and product development; grants that support sustainable growth in the agricultural and agri-food sector; fund strategic innovations in all sectors in Canada; and so much more.

FAQ: Investing in Olds, Alberta

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What are the top industries in Olds, Alberta?

Olds has a diverse economy with several thriving industries, including agriculture, manufacturing, and education. The town is home to Olds College, a leading institution in the fields of agriculture and land management, as well as several major manufacturing companies. Additionally, the area is known for its vibrant tourism industry, which attracts visitors from around the world.

What is the process for starting a business in Olds?

Olds offers a supportive and streamlined process for starting a business. The town has a dedicated economic development team that provides guidance and assistance to new businesses, from helping with permits and zoning to connecting entrepreneurs with local resources and networks. The town also offers several business incentive programs, including tax exemptions and grants, to help businesses get off the ground.

What makes Olds a great place to live and work?

Olds is a welcoming and vibrant community with a high quality of life. The town is home to a variety of amenities, including parks, recreation facilities, and cultural events, as well as excellent schools and healthcare services. Additionally, Olds is located in a beautiful natural setting, with easy access to the mountains and other outdoor recreational activities. For businesses, Olds offers a supportive and innovative environment, with access to top talent and cutting-edge research and development facilities.

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