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POSITIVE
BUSINESS CLIMATE
Business Advantages
Locating your
business in the North Okanagan
provides your company with an array of advantages. The North
Okanagan offers unique business scenarios by combining
a supportive entrepreneurial climate with an exceptional quality
of life.
For doing business,
the North Okanagan offers:
- A regional government committed
to enhancing business opportunities
- A skilled educated workforce
which is loyal and dedicated to its employers
- A strong business infrastructure
- A sophisticated transportation
network for access to key markets
- Access to advanced technology
- Low operating costs including
highly competitive wage rates
- Capital availability
- Competitive tax rates
An abundance
of natural resources, a clean, safe and healthy environment, a favourable
business climate, and diverse recreational opportunities offer new
businesses an ideal location. The spectacular scenery and a variety
of landscapes, combined with a moderate climate producing wonderfully
warm spring weather, beautifully hot and sunny summers, mild autumns
and temperate winters, makes the North Okanagan an attractive destination
for business location and the recruitment of professional staff.
Located halfway
between Vancouver and Calgary, the area offers competitive pricing
and services for the business community. The North
Okanagan has a positive business climate and a propensity
towards entrepreneurship as small business is the cornerstone of
the local economy!
Overall growth
in the economy of the North Okanagan
can be attributed to:
- availability of highly skilled
workers
- advanced education/training
facilities
- attraction and retention
of professionals through quality of life opportunities
- ease of accessing export
markets
- high quality/quantity of
technical infrastructure
- extremely reasonable real
estate costs
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Reasons to Invest
Why
Canada?
- Proximity and easy access
to North American markets
- A growing economy one of
the strongest among the G7
- One of the lowest inflation
rates in the world
- Attractive R&D incentives
with the lowest after-tax R&D investment of all G-7 countries
- Canada's membership to the North
American Free Trade Agreement (NAFTA) trading market providing
investors to more than 360 million consumers
- Canada is rated as one of the
best countries in the world in which to invest, to do business
and to live
- Excellent working and business
environment
- Canadian dollar valuation
against the US$
Why
British Columbia?
- Specific labour standard
exemption for high technology businesses
- Springboard to the Pacific Rim
- Modern transportation system
- A knowledge-based workforce
-18% of BC's workforce has university degrees (2001 Census data)
- The lowest provincial workers
compensation levies and no provincial payroll taxes for health
care premiums
- Competitive corporate tax
rates
- Affordable and plentiful
energy resources
Why
the North Okanagan?
- Internationally competitive
labour costs and productivity
- Skilled workers, higher
education facilities, research facilities
- A good-sized, well-educated
and productive labour pool
- A leading competitive community
with a strong entrepreneurial spirit
- An economically diverse,
progressive, and successful region
- Reasonably priced land
- Healthy supply of available
commercial leasing situations
- Loyal workforce
- Strong sense of community
- Minimal commuting time
- Ease of recruiting and retaining
professionals/workers because of the attractive living environment
- Proximity to exceptional
recreational amenities
- High quality local education
including elementary
- Unique combination of business
and lifestyle opportunities
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