Edgeworth Properties: Evaluating and purchasing undeveloped land in Alberta, Canada

Alberta Facts

“The Alberta Heartland has proven to be an ideal business environment for large and mid-size manufacturing companies.”

Alberta's Oil Sands are deposits of bitumen, a heavy black oil that is converted into an upgraded crude before being used by refineries to produce gasoline and diesel fuels. Alberta's oil sands deposits are the largest in the world containing over 1.7 trillion barrels of bitumen, of which 177 billion barrels are considered recoverable using current technologies.

Bitumen is extracted from the greater Fort McMurray region and sent to be processed in Alberta's Industrial Heartland, a 194 sq. km. area surrounding the provincial capital, Edmonton, and including Strathcona County, the City of Fort Saskatchewan, Sturgeon County (Redwater) and Lamont County.

Alberta's Industrial Heartland

Alberta's Industrial Heartland region spans a 194 sq. km. (75 sq. mile) area surrounding the provincial capital, Edmonton and includes Strathcona County, City of Fort Saskatchewan, Sturgeon County and Lamont County. Alberta's Industrial Heartland is Canada's largest processing centre for petroleum, petrochemical and chemical industries.

The Heartland has proven to be an ideal business environment for large and mid-size manufacturing companies. Since 1958, over 30 companies have chosen to locate to the Heartland joining other world-class corporations such as Dow Chemical, Shell, Imperial Oil, BP, Agrium, Sherritt International, Praxair, Air Liquide, and Chevron.

The area boasts over 40 industries with investments of over $25 billion in petroleum, petrochemical and chemical processing facilities to date with more industrial development in the works.

The Heartland not only provides a great place to work but also is a great place to live and raise a family - in a country setting surrounded by rolling prairie, blue sky and every conceivable recreational pastime.

The Alberta Advantage

Alberta is blessed with an abundance of natural advantages that form the foundation of its thriving economy. The Alberta government has built on this foundation by fostering a positive business climate based on low taxation that attracts investment, creates diversity, and encourages Alberta businesses to compete successfully around the globe. Alberta offers:

• a strong and diversified economy.
• a globally competitive business tax environment.
• an efficient and modern infrastructure.
• strategic access to the North American free trade market and to north Asian markets.
• political stability and low taxes.
• a government that understands and works closely with business.

Source: Alberta Economic Quick Facts, March 2006