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Abbotsford Where Your Next Success Takes Place.

CITY OF ABBOTSFORD ECONOMIC DEVELOPMENT abbotsford.ca OUR VALUE PROPOSITION Abbotsford, is a diverse, livable community in close proximity to one of the most desired global hubs in the world – .

Our transportation network provides affordable, highly efficient access to the whole of , the U.S. Pacific and Asia Pacific.

Home to a $1.8 billion agricultural sector, a robust aerospace cluster and an emerging hub of tech industries, Abbotsford offers a unique advantage for industry to a variety of markets.

KEY CONTACTS VERN MAY | Manager 604-851-4173 [email protected]

KIM O’SULLIVAN | Coordinator 604-864-5670 [email protected] 0 50 100 150 200 km CONTENTS ALBE RTA PRINCE RUPERT 04 Investing in PRINCE GEORGE 06 Available Skilled Workforce 08 Education and Skills Development 10 Agriculture & Value-Added Processing BRITISH COL UMBIA 12 Aerospace 14 Manufacturing & Technology 16 Quality of Life 18 Utilities & Taxation CN Railway ABBOTSFORD CP Railway VANCOUVER

SRY Railway Our Geographic Advantage. Seaports (USA) The City of Abbotsford – recognized as the Hub of British Columbia’s Fraser – is one of the fastest growing 0 5 10 15 20 km 1 Vancouver International Airport business centres in Canada. Situated in the -western corner of of Abbotsford International Airport British Columbia along the Canada/US border just 89 kilometres (55 miles) from the Border Crossings Coast, Abbotsford presents a unique value proposition for international companies looking to enter the North American market 1 and domestic companies seeking a strategic gateway from the by air or sea. ABBOTSFORD 1 Peace Arch Aldergrove/Bellingham

Blaine/Surrey Sumas/Huntingdon 04 Investing in Canada. CITY OF ABBOTSFORD ECONOMIC DEVELOPMENT | CANADA IS THE BEST COUNTRY FOR TRANSPORT INFRASTRUCTURE GLOBAL INVESTMENT. PERIOD. Canada is well placed to serve as a central hub for Global market access. Unparalleled talent. Low costs. global trade. Our air transport infrastructure is the best in Reduced risk. the world and our coastal ports provide direct maritime access to Asia, and South America. In this ever-changing world, can be difficult to seize opportunities and avoid risk. To grow and succeed, global Combined with secure trade corridors and gateways, our companies need to find the oasis in the chaos. infrastructure facilitates continual supply chain and business operations. Canada is that place, and investors are taking notice.

At a time when foreign direct investment (FDI) flows into 117 BORDER developed economies dropped by 40%, FDI into Canada 26 AIRPORTS 17 SEAPORTS CROSSINGS increased 70% in 2018. TO THE US

INVESTING IN CANADA GLOBAL MARKET ACCESS LOWER COSTS. LOWER RISKS. Canada is the only G7 country that offers investors Canada has the lowest overall tax rate on new business preferential market access to over 1.5 billion consumers in investment and the lowest business costs in advanced 51 countries. Key trade agreements include: manufacturing and corporate services among G7 nations. Canada also has the lowest business costs in the digital USMCA The Canada-United States-Mexico Agreement and R&D sectors.

CETA – The Canada-European Union Comprehensive Economic and Trade Agreement

CPTPP – The Comprehensive and Progressive Agreement for Trans-Pacific Partnership

POLITICAL STABILITY SOUND BANKING SYSTEM LOW CORRUPTION Canada is second only to Canada has the soundest banking Canada is seen as the least corrupt among G20 countries in terms of system among G7 countries and ranks country among G20 members and 9th political stability. second in the world. among 180 countries. Source: World Bank, 2017 Source: World Economic Forum, 2018 Source: Transparency International, 2018 HIGHLY SKILLED TALENT

#1 MOST ATTRACTIVE COUNTRY FOR ENTREPRENEURS INNOVATION AND Source: OECD Talent Attractiveness TECHNOLOGY Indicators, 2019 Canada’s largest R&D tax credit program provides billions in tax #5 MOST ATTRACTIVE COUNTRY FOR credits and incentives to businesses HIGHLY SKILLED TALENT conducting R&D in Canada. Source: OECD Talent Attractiveness Indicators, 2019 The Strategic Innovation Fund bolsters business investments in Canada’s most dynamic and innovative sectors by QUALITY OF LIFE supporting business activities such as Searching for the best quality of life? R&D projects, firm expansion and You found it. Home to some of the attraction of large-scale investments. world’s most impressive scenery and

vibrant cities, Canada offers the perfect The Innovation Superclusters initiative space to live, work and play. connects businesses, academic institutions and not-for-profit Settle in and find out for yourself. organizations to generate bold ideas, There’s no better place to be. drive economic growth, attract top talent, advance innovation and #1 BEST QUALITY OF LIFE transform regional ecosystems. Source: Y&R, BAV Group and Wharton School These are focused on five key areas: of Business, 2019

• DIGITAL TECHNOLOGY #5 BEST COUNTRY FOR HUMAN • PROTEIN INDUSTRIES FREEDOM • ADVANCED MANUFACTURING Source: CATO Institute, 2018 • SCALE.AI (Supply Chains and Logistics Excellence Artificial CANADA IS HOME TO THREE OF THE Intelligence) WORLD’S 10 • OCEAN Source: The Economist Intelligence Unit, 2018

For more information on Investing in Canada visit investincanada.ca 06 Available Skilled Workforce. CITY OF ABBOTSFORD ECONOMIC DEVELOPMENT | • Over half the population of Abbotsford has a post- B.C.’S WORKFORCE secondary certificate, diploma or degree 25.9% KNOWLEDGE-BASED INDUSTRY • Median age of Abbotsford’s population is 37.9 years old • Over half of BC’s workforce works in knowledge-based 22.3% TRADE or trade-related industries, and 60% of this workforce is 18% CONSTRUCTION MANUFACTURING UTILITIES under 44 years of age • Abbotsford’s unemployment rate is 4.5%, recognized as 12.3% HEALTH CARE RELATED the lowest unemployment rate in Canada in 2017 9.7% OTHER • Average employee retention in British Columbia is ACCOMMODATION & FOOD SERVICE 7.9 years 8.1% 3.5% AGRICULTURE, FISHING, FORESTRY Source: , “Job Tenure by Industry”, 2018 *Note: This chart measures the number of businesses only. It does not take into consideration the economic impact of a sector. AVAILABLE SKILLED WORKFORCE

LABOUR COSTS

ABBOTSFORD VANCOUVER AVG ANNUAL SALARY $45,468 $57,123 $59,133 AVG HOURLY WAGE $19.36 $20.79 $20.02

*Source: payscale.com, stats updated July 2019 TOTAL VALUE OF BUILDING PERMITS

CANADA VS. UNITED STATES 2018 $553,000,000 Canada’s labour costs are the lowest among the G7 countries. With competitive 2017 $480,000,000 salary levels and lower health care costs, companies based in Canada benefit from total labour costs that are 31.2% lower than equivalent costs in the United States. 2016 $252,000,000 2015 $296,000,000 Progressive reductions in both federal and provincial taxes create a significant 2014 $188,000,000 advantage for companies operating in Canada. According to KPMG, the effective 2013 $255,000,000 income tax rate in Canada is 17.9%, or 11.9 percentage points below that of the United States.

CURRENT TRENDS IN ABBOTSFORD POPULATION GROWTH Abbotsford is a city on the rise and is seeing enormous growth in both investment and population in recent years. You could be a part of this emerging, dynamic 2019 158,426 market. 2018 151,923 2016 141,397 2011 133,497 2006 123,862 FACULTIES Studies of Professional Faculty of Health Sciences Faculty of Science Faculty Studies of Applied and Technical Faculty Education and Continuing of Access Faculty Studies School of Graduate of Arts College UFV is large enough to offer variety, and yet small class class yet small and variety, offer enough to large UFV is and learn in a instructors know to get to students allow sizes 100 programs, than more UFV offers environment. hands-on 19 bachelor’s degrees, degrees, master’s including two than 30 in more minors and extended majors, minors, and trades dozen than a and more subject areas, programs. technology

ALUMNI 42,000+ 42,000+

1,524 STAFF FACULTY & FACULTY

15,840 STUDENTS LOCATED IN ABBOTSFORD, BRITISH COLUMBIA BRITISH IN ABBOTSFORD, LOCATED UNIVERSITY OF THE OF UNIVERSITY VALLEY FRASER CAMPUS MAIN CAMPUSES of east just Valley in the beautiful Fraser Located the University Canada, British Columbia, Vancouver, public (UFV) is a fully accredited, Valley of the Fraser per students 15,000 approximately enrolls that university in and locations UFV has campuses in 1974, Founded year. a growing and and Hope, Mission, , Abbotsford, in Chandigarh, . presence Education & Skills Development. & Skills Education

4 INTERNATIONAL & 1 INTERNATIONAL

CITY OF ABBOTSFORD ECONOMIC DEVELOPMENT | EDUCATION & SKILLS DEVELOPMENT 08 UNIVERSITY BRITISH COLUMBIA LOCATED IN , BRITISH COLUMBIA LOCATED IN BURNABY, BRITISH COLUMBIA (SFU) has matured into one of Since 1964, the British Columbia Institute of the world’s leading teaching and research universities. Technology (BCIT) has taught and trained experts, Consistently ranked among Canada’s top comprehensive professionals, and innovators who shape our economy — universities and named to the Times list across BC and around the world. of 100 world universities under 50, SFU is the first member of the National Collegiate Athletic Association, the world’s largest college sports association. LOCATED IN BURNABY, BRITISH COLUMBIA UNIVERSITY OF BRITISH COLUMBIA The range of programs and courses at Vancouver Career LOCATED IN VANCOUVER, BRITISH COLUMBIA College (VCC) make the school the ideal place to train for a new career in British Columbia. VCC offers accelerated, The University of British Columbia (UBC) is a global practical career training programs and courses led by centre for teaching, learning and research, consistently instructors with industry experience. College programs ranked among the top 20 public universities in the world and courses are designed based on contributions from and recently recognized as North America’s most professionals in the business, healthcare, art and design, international university. UBC also provides clinical education legal and trades fields. to Faculty of Medicine students at more than 80 training sites across British Columbia.

AT A GLANCE

SFU 3 CAMPUSES IN B.C. 30,000 STUDENTS 6,500 FACULTY & STAFF 160,000+ ALUMNI

2 MAIN CAMPUSES IN 58,000+ STUDENTS 16,800+ FACULTY & STAFF 337,000+ ALUMNI UBC VANCOUVER &

5 MAIN CAMPUSES & 50,000 STUDENTS 2,500 FACULTY & STAFF 185,000 ALUMNI BCIT SEVERAL SATELLITE SCHOOLS

VCC 7 CAMPUSES IN B.C. 23,000 STUDENTS 1,600 FACULTY & STAFF 14,000 ALUMNI Develops innovative innovative Develops technology greenhouse needs. food global for Dairy & beef genetics firm. of & delivery Development functional egg innovative, solutions. and distribution Production One of of dairy products. dairy products ten the top in the world. Leading innovation for a for innovation Leading Agriculture sustainable including projects sector, such as EcoDairy.

BW GLOBAL BW WESTGEN NUTRIVA GROUP VANDERPOL’S EGGS SAPUTO DIVERSE FOOD PROCESSING INDUSTRY PROCESSING FOOD DIVERSE dominating and beverages meat fish, poultry, dairy, With are products specialty food value-added production, high quality and in safe, interest Consumer increasing. and innovation growth drives food produced sustainably in this industry. THE OPPORTUNITY in land of farm kilometres 290 square Approximately of local availability The farms. 1,307 is home to Abbotsford for enormous opportunity create and livestock produce production. value-added

BEEF CROPS OTHER SHEEP & GOAT & MELON VEGETABLE OILSEED & GRAIN ANIMALS OTHER GREENHOUSE & NURSERY HOG & PIG NUMBER OF FARMS TOTAL DAIRY & EGG PRODUCTION POULTRY FRUIT & NUT

6% 22% 18% 14% 11% 10% 8% 8% 15% 53% 37% 24% Source: Statistics Canada, 2016 Census of Agriculture of Census Canada, 2016 Statistics Source: Agriculture & Value-Added Processing. & Value-Added Agriculture FVRD Farms Classified by Industry Group Group by Industry Classified FVRD Farms Farms Provincial % of Classified (NAICS classification*) *North American Industry Classification System (NAICS): Standard used by Statistics Statistics by used Standard (NAICS): System Classification *North American Industry analyzing, collecting, the purpose of establishments business Canada in classifying economy. business Canada’s to related data and publishing statistical AGRI-BUSINESS with agri-business hub for is the Canadian Abbotsford billion within $1.8 to amounting activity agricultural annual half of the Province’s than more which equals Abbotsford, in this sector. GDP total and abundant water climate soil, moderate Our fertile supported success, in this sector’s factors key supply are to ensure development policy planning and effective by strength. industry

CITY OF ABBOTSFORD ECONOMIC DEVELOPMENT | AGRICULTURE & VALUE ADDED PROCESSING 10 GOVERNMENT RESOURCES AND PROGRAMS

WE’RE COMMITTED TO AGRICULTURE City of Abbotsford Development Inquiry Meetings The Agricultural Land Reserve (ALR) is a Provincial land use zone, designated The City of Abbotsford welcomes new in 1973, in which agriculture is recognized as a priority use. Within the ALR, business developments that benefit our farming is encouraged, on-farm processing is permitted and non-agricultural growing community. That’s why we’ll take uses are controlled. the time to work with you to ensure you get the information you need for a successful There are 71,865 hectares of ALR land within the Regional application. These pre-application meetings District of which 27,413 hectares is within Abbotsford. ALR land represents are free of charge. approximately 75% of Abbotsford’s overall land base, signaling how important this sector is to our community both now and into the future. Canadian Agricultural Partnership

5 year, $3 billion investment by Federal and Building on the City’s Agriculture Strategy and Official Community Plan, Provincial governments to strengthen Abbotsford is undertaking a comprehensive planning process called AgRefresh, agriculture and agri-food sector. to review and update municipal agricultural policies, bylaws and regulations. The project aims to support and enhance the viability of agriculture in Federal Programs Abbotsford through improved policy guidance and updated City regulation Agriculture and Agri-Food Canada that is clear and predictable. administers three broad programs with $1 billion aimed at generating market-based economic growth in this sector. These include: • Agri-Innovation Fund • Agri-Competitiveness • Agri-Marketing

Cost Shared Programs These investments include $2 billion for cost-shared programs on a 60/40 basis delivered by provinces to ensure that programs are tailored to meet regional needs. The focus of these programs is: • Business risk management • Innovation • Competitiveness and market development • Adaptability and industry capacity Aircraft maintenance, maintenance, Aircraft & design modification firefighting Aerial specialists & aeroplane Helicopter and training services maintenance Engineering & technology aircraft solutions for & structural Aircraft services repair Aircraft solutions for heat heat solutions for Aircraft and relief stress treatment, aging CASCADE AEROSPACE CONAIR GROUP PYROTEK CHINOOK HELICOPTERS MARSHALL AEROSPACE ALPINE AEROTECH THE OPPORTUNITY airfield-adjacent developable, 215 is home to Abbotsford Offering occupancy. immediate for available acres lease among an already long-term for terms competitive for this is an ideal location cluster, aerospace robust specializing in this sector. companies

Aerospace. is internationally sector aerospace British Columbia’s and services. products specialized its for renowned that of schools a network by is supported industry The talented This workers. highly-skilled produce to continue companies our aerospace keeps multilingual workforce close proximity With and recognized. globally competitive British area, in the lines assembly final Boeing’s to Asia Pacific, between and culture bridges space Columbia aerospace growing and Canada’s Northwest the Pacific industry. of technology group a diverse by is supported sector The support nimble and responsive provide able to companies leaders and global the needs of industry and solutions to supply chains. in Canada. is the third-largest sector aerospace B.C.’s of a total it generates 200 companies, than more Home to nearly employs and directly annually $2.4 billion in revenue this time in Abbotsford, present the At people. 9,000 direct 1,000 approximately for is responsible sector positions.

CITY OF ABBOTSFORD ECONOMIC DEVELOPMENT | AEROSPACE 12 GOVERNMENT RESOURCES AND PROGRAMS Our Airfield. Strategic Innovation Fund National ecosystems to foster business- THE ABBOTSFORD INTERNATIONAL AIRPORT (YXX) led collaboration between multiple Located just 3 km from the Trans-Canada and 6 km to the organizations to accelerate nearest border crossing to the United States, the Abbotsford International Airport commercialization in areas with is home to 13 related companies with airfield access in addition to an active demonstrated Canadian advantage. commercial flight schedule.

Innovation for Defence Excellence Serviced by four national carriers – WestJet, , , and Security (IDEAS) Rouge – as well as locally owned offering service to Vancouver Federal innovation funding program to help Island, the terminal has seen a steady increase in passengers through the terminal fast track commercialization and military year over year. In 2019, the airport served 1,000,000 passengers, setting a new application of new technologies. performance record.

Continuous investment and maintaining a keen focus to support the aerospace sector and its evolving needs make YXX an ideal location for companies looking for a Canadian site to launch or expand their business. (GLASS, CEMENT & CONCRETE) (GLASS, COMPONENTS

& PROGRAMS GOVERNMENT RESOURCES RESOURCES GOVERNMENT ELECTRICAL EQUIPMENT, APPLIANCES & APPLIANCES ELECTRICAL EQUIPMENT, Canada-BC Agri-Innovation Program Canada-BC Agri-Innovation help to $14 million program 5-year, and products new develop growers in BC. production food for processes Industrial Research Assistance Assistance Research Industrial (IRAP) Program helps small or program This meet to enterprises medium-sized challenges and build technological capacity. innovation encourage to tax incentive Federal of improved and development research processes. and products or advanced Fund SD Tech fund supports late $550 million federal and pre-commercial development stage solutions. launch of clean tech Scientific Research & Experiential & Experiential Research Scientific Development

NONMETALLIC MINERAL PRODUCTS 4% NONMETALLIC 2% & ELECTRONIC PRODUCTS 2% COMPUTER 2% CHEMICAL PRODUCTS MANUFACTURING 2% APPAREL 1% MEDICAL EQUIPMENT & SUPPLIES *B.C. Manufacturing is highly diversified manufacturing manufacturing is highly diversified Manufacturing *B.C. sub-sector by in British Columbia employment BC Stats. Source:

building finishes exterior and facades Technology Technology the to provider restaurant industry Engineering & construction timber of mass buildings Brewing Manufacturing, design and install Leveraging AI to AI to Leveraging into data activate planning strategic time tracking Real and diagnostics servicing all of North America manufacturing SPEEDLINE SOLUTIONS STRUCTURE CRAFT LONGBOARD IOPEN TECHNOLOGIES FLEET HUTCH MANAGEMENT KONIG KONIG BREWING SYSTEMS

OTHER 24% 24% WOOD PRODUCT MANUFACTURING 20% WOOD MANUFACTURING 14% FOOD PRODUCTS METAL 8% FABRICATED MANUFACTURING 7% PAPER MANUFACTURING 6% MACHINERY EQUIPMENT 5% TRANSPORTATION PRODUCTS 4% FURNITURE & RELATED BC MANUFACTURING Manufacturing & Technology. & Technology. Manufacturing TECHNOLOGY reputation strong has a British Columbia and innovation of technology in the realm of investment range a offers leading-edge to opportunities. Home and technology in a thriving companies $29 boasts the Province media sector, $6 billion and revenues billion in domestic of goods and services. in exports from $80 million investment an Through fibre has an extensive Abbotsford , services, wireless optic network, mobile advanced and roaming international a high-performing which create networks rates, competitive at service information 90% of our homes and businesses. reaching us an attractive makes technology This technology-based for destination businesses. see a competitive centres and data Tech high our due to edge in Abbotsford Zoo Optic optic network. capacity fibre built a comprehensive have Zayo) (now connection points with route, optic fibre locales. The City Hall and other key at connection optic fibre of a dark availability advantages. one of Abbotsford’s is just of concentration the largest have also We firms in BC, outside of marketing with connected well you’re so Vancouver, support agencies.

CITY OF ABBOTSFORD ECONOMIC DEVELOPMENT | MANUFACTURING & TECHNOLOGY 14 GOVERNMENT RESOURCES MANUFACTURING AND PROGRAMS Manufacturing is a vibrant and vital component of the British Columbia • Innovative Clean Energy Fund economy. Boasting the largest economic footprint, supporting 12,000 • Innovate BC Ignite Program companies and 400,000 jobs, 77% of • Growing Forward 2 this sector is comprised of small or • Forestry Innovation Investment medium-sized firms. In 2018, • BC Supplier Development Program manufactured goods accounted for 61% • Small Business BC of BC’s total goods exported • Tech Co-op Grant Program internationally. Every 100 direct jobs in • Innovator Skills Initiative manufacturing supports 80 additional jobs across multiple sectors in the • BC Trade and Investment provincial economy. Representative Network • Sector Labour Market Partnerships Abbotsford is home to a diverse mix of • Training Tax Credit for Apprentices manufacturing operations. With ready • BC Employer Training Grant access to the region’s natural resources, agri-food processing offers many strategic opportunities, but we are also home to innovators in clean tech, life sciences and machinery production areas which are not as reliant on proximity to local resource supply.

The Conference Board of Canada reports that Abbotsford-Mission’s real GDP growth is expected to improve from 1.9 percent last year to 2.5 percent this year. Our goods-producing sector will lead the way over the next two years, thanks to growing business opportunities, a lower Canadian dollar and a solid United States economy.

Manufacturing is expected to remain healthy, especially in the wood products industry. DIVERSITY diverse culturally most is one of the country’s Abbotsford our by spoken than 50 languages with more communities is South Asian, which 30% of our population residents. Indo-Canadian business a strong to contributes Indo-Canadian Abbotsford The in all sectors. community than 30 more for has been active Association Business as existing as well entrepreneurs new supporting years, businesses. their and grow nurture to merchants newspaper, Punjabi Patrika is BC’s example One great in North Punjabi-English newspaper as the first established than 100 as one of less America, which holds distinction publishers The in the world. truly bilingual newspapers with a home base publication built an award-winning have in Abbotsford. here as one of the ten best airshows around the world. Other the world. around airshows best of the ten as one the Agri-Fair, Abbotsford the long-running include events and the Berry Festival, Festival, Tulip Abbotsford highlight a which celebrations, traditional hosted events than 150 outdoor sees more schedule which trade events, with the sporting combined These, each year. and Centre the Abbotsford held at and concerts shows social calendar which signal an active respectively, Tradex of interests. a wide range to cater

RECREATION & CULTURE & RECREATION than more which cover parks 192 is home to Abbotsford of kilometres 276 and feature of parkland hectares 841.5 It is estimated running or cycling. walking, for suitable of a park. within 500 metres live 84% of residents that each year, events a number of signature home to are We which Airshow International including the Abbotsford their three-day for spectators than 100,000 more attracts Today USA by has been recognized event The festival. CLIMATE often as a northern country, Canada is recognized While and pastimes, weather its winter for known best near the Pacific Valley in the Fraser nestled Abbotsford, national defies the that climate a moderate offers Coast, stereotype. Celsius degrees 24 highs in the summer of average With the freezing above often winter in the lows and average per days snow of twelve sees an average mark, Abbotsford of the country. areas than many less – much year Quality of Life. Quality dynamic growing, – a the move is a city on Abbotsford the Intelligent by recognized community and diverse 7 intelligent the Top as one of in 2018 Forum Communities based on six designation, This in the world. communities , workforce , knowledgeable – innovation indicators – and advocacy , digital equality , broadband sustainability of government, collaboration community-wide the reflects and evolve change embrace and the public to business together. a chord strikes Abbotsford why reasons many are There population. with a growing

CITY OF ABBOTSFORD ECONOMIC DEVELOPMENT | QUALITY OF LIFE 16 SCHOOLS

Located in the heart of the Fraser HEALTHCARE Valley, the Abbotsford School District The Abbotsford Regional Hospital and Cancer Centre is the first new hospital has 46 schools that are attended by built in the Province of British Columbia in 30 years and is the first facility of its over 19,200 full and part-time students kind in Canada to integrate a cancer care centre as part of its design. Opened at 30 elementary schools, 8 middle in 2008, this 645,000 square foot facility features 300 acute care beds, nine schools, 1 combined middle-secondary operating rooms, psychiatric care, pediatrics, maternity, inpatient isolation school, and 7 secondary schools. rooms, a radiation cancer treatment centre and more. This facility will be soon expanding its ER facilities to continue to adapt to our growing population. As one of the largest employers in the city, the School District employs more than 2,200 full and part-time teaching and support staff who are committed to student success.

Programming include; • International Baccalaureate • Integrated Arts • • Career Programs • Sports Academies • Virtual school and more. 18 Utilities & Taxation. CITY OF ABBOTSFORD ECONOMIC DEVELOPMENT | UTILITIES & TAXATION TAXATION LOCAL MILL RATES (%) INCOME TAX RATES – Provincial (%) INCOME TAX RATES – Federal (%)

11.4 LIGHT INDUSTRIAL 14.7% SMALL BUSINESS 15% GENERAL

13.58 BUSINESS 15.6% MANUFACTURING 10% SMALL BUSINESS

23.97 FARM 21% INVESTMENT 15% MANUFACTURING

15% INVESTMENT

BC Cities have Canada’s lowest rate. Abbotsford’s tax rate is the second lowest in all of Canada. *Source: Western Investor, July 2018

UTILITIES

ABBOTSFORD VANCOUVER TORONTO WATER RATE (PER CUBIC METRE) $1.12 $3.10 - $3.90 $2.76 - $3.95 ELECTRICITY RATE (PER KWH) 12.5¢ 12.5¢ 14.55¢ SITES COMMUNITY

Use our community profile infographic tool GIS MICROSITE TOOL MAPPING to explore our region. Visualize data with From creating ground-breaking tools our easy-to-use for business and collecting current data mapping tool. on what businesses need to succeed and thrive, the City of Abbotsford is designing opportunities for investment and growth. We have continued to enhance our Geographic Information DEMOGRAPHICS System (GIS) microsite to include Get demographic, labour COMPARE cutting edge tools to help businesses force and consumer spending information. Compare Abbotsford with obtain key information. other communities in the region or across Canada. FAVOURITE FEATURES INCLUDE: BUSINESS DATA: Explore industry clusters; find major employers, and information on competitors or customers. COMPARE: Compare statistical data from Abbotsford with any other community/ region across Canada. BUSINESS SITES & BUILDINGS: View searchable MLS listings for available industrial and Explore industry clusters, commercial sites and buildings in find major employers and Abbotsford. Within this tab you can also discover your competitors or customers. seek out statistical demographic, labour force and consumer data for any specific location. MOBILE FRIENDLY: We are happy to support a mobile friendly environment with our GIS microsite. abbotsfordsitefinder.ca

Abbotsford is the right place for your business, learn more at abbotsfordsitefinder.ca Stay Connected.

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ABBOTSFORD: WHERE YOUR NEXT SUCCESS TAKES PLACE

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