Another major company is increasing its footprint in Western Canada with a step into Alberta.
Keurig Dr. Pepper Canada’s multi-million expansion is through a partnership a XTL Group’s new 475,000 square foot warehouse in Balzac, north of Calgary.
Rona opened a massive 1.2 million square foot warehouse in 2021, representing a $120 million investment.“The overall economic impact is very, very substantial. For example, in the 2023 tax year we added around $1.3 billion in assessment value just in that year alone of new industrial development,” said Aaron Latimer, the manager of economic development with Rocky View County.The county and Calgary region is certainly not the warehousing capital of Canada yet but it’s getting closer.
“What’s unique about Calgary and the Alberta region is the fact we have very competitive cost of doing business. We have the lowest corporate income tax in the country, no provincial tax, no machine and equipment tax. That’s really supportive as a place to come in and do your business,” said Megan Zimmerman with Calgary Economic Development. “The investment into the ecosystem demonstrates the quality of companies and technology being developed here.
As of June 2024, the sector employed more than 64, 5000 people which is a 12 per cent increase, or 7,000 job increase, from last June.City detects new wire snap along water main, is still assessing pipe-diver dataCanadian military encounters Chinese research vessel in Arctic, warns competitors are 'probing' infrastructure
Jurors deciding the fate of two men accused of conspiring to murder police at the Coutts, Alta., border crossing were urged by a judge Wednesday to block out background noise in the high-profile case.'A community loss': Neighbour upset by West Vancouver plan to sell beach access path to private ownerAnother case of package theft by porch pirates caught on camera has prompted an investigation by RCMP and left a Surrey family questioning whether they are safe in their own home.
A quiet community north of Saskatoon is reeling after a family pet was shot and killed on Friday evening in an apparent random incident that has left residents in the village of St. Louis shocked.
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