Economic Stimulus Initiatives in Olds, Alberta

Stimulus

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Stimulus

Home > Stimulus

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

Residential Development Incentive Program

Residential Development Incentives

Non-Residential Tax Incentive Bylaw

Uptowne Storefront Beautification Grant

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

Invest Olds is a comprehensive resource for businesses and investors interested in the vibrant community of Olds, Alberta. We provide essential information for anyone looking to invest in this thriving region.

What are the top industries in Olds, Alberta?

While the public sector is a key employer in the community and region retail trade, construction, mining, quarrying, and oil and gas extraction are the top employment sectors in the Town of Olds. Regionally, accommodation and food services, agriculture, forestry, fishing and hunting, and construction are the top three employers.

Education is one of our leading industries with Olds College of Agriculture and Technology. One of Canada’s top 10 research and innovation centres. A leading Institution in the fields of Agriculture and new technologies.

What is the process for investing in Olds?

Investors are served by an Investor Concierge, a Technical Readiness Team (TRT), and a Development Investment Readiness Tech Team (DIRTT) who streamline the investments process. Your Concierge assists with each step of the process from regulatory to ribbon cutting we are here for you. Invest Olds stimulates investment through a host of incentive programs to make an investment not only easy but viable.

What is the process for starting a business?

Invest Olds supports local business and encourages entrepreneurship by connecting new entrepreneurs to our network of services offering the latest in training, funding, and business development programs. Check out our business and entrepreneur resources page.

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.